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Gold has been trading sideways at the price of $1.750. Anyway, I see potential for the further upside continuation.
Due to the strong upside pressure in the background and rejection of key support at $1.730, I see potential for further growth.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $1.785.
Stochastic oscillator is showing bullish divergence in the background, which is good sign for further upside movement.
Key support is set at the price of $1.730
Relevance up to 08:00 2022-11-29 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.
