Gold Has Strong Sign That Buyers Are In Control| FXMAG.COM

Technical analysis:
Trading recommendation:

Technical analysis:

gold has strong sign that buyers are in control grafika numer 1

Gold has been trading upside as I expected and the price has rejected of the key support cluster at $1.765, whic his good sign for further growth.

Trading recommendation:

Due to the upside trend in the background and rejection of the key support, I see potetnial for the further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of $1.804 and $1.840

MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.

Key support is set at the price of $1.865

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Relevance up to 08:00 2022-12-09 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.

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