GOLD 05.07.2021
Overview:
The pair is trading neutral
Expected scenario:
The above chart shows that the pair is trading below a strong level around 1800, which enhances the chances of descending during today's trading to 1780
Alternative scenario:
On the other hand, he suggested that if the 1800 level is broken upwards, it may push the pair up to 1815
Resistance | 1800.00 | 1810.00 | 1820.00 |
Support | 1790.00 | 1780.00 | 1775.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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