Gold Has A Good Sign For The Further Growth| FXMAG.COM

Trading recommendation:

Technical analysis:
✕

Gold has been trading upside as I expected and I found breakout of the mini downside Pitchfork channel, which is good sign for the further growth.

Trading recommendation:

Due to the strong upside pressure in the background and breakout of the key supply trend-line, I see potential for further growth towards the bigger Pitchfork median line.

Watch for the potential buying opportunities with the upside objectives at $1.900 and $1.965

Booth faster and slower Stochastic are showing bull continuation...

Key support is set at the price of $1.780

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Relevance up to 09:00 2022-12-15 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Peter Jacimovic

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