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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GOLD 23.7.2024

Technical Analysis
Tuesday, July 23, 2024 - 13:04
Point Trader Group
GOLD 23.7.2024

General trend: up.
Expected scenario:
The pair is trading above an ascending trend line, in addition to the $2380 level, which enhances the chances of rising to 2430 – 2450.
Alternative scenario:
The scenario turns bearish with a break of the downtrend line targeting $2,340.
The most important levels
resistance:
2430 - 2450
support:
2340 - 2320

  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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