FX.co - Analysis of Gold for March 22,.2023

2023-03-22T08:12:14

Relevance until2023-03-23

Technical analysis:

Analysis of Gold for March 22,.2023 - Tight sideways range

Gold has been trading sideways at the price of $1.941 and I see potential for the breakout mode.

In case of the breakout of resistance level at $1.945, I see potential for the rally towards upside reference at $1.963

In case of the breakout of support level at $1.935, I see potential for the downside movement towards lower reference at $1.915

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ Analysis of Gold for March 22,.2023 - Tight sideways range