FX.co - Analysis of Gold for April 14,.2021 - Upside arget reached at $1.745 with potential for rally towards $1.756

2021-04-14T11:11:22

Relevance until2021-04-15

Nikkei 225 closes lower by 0.44% at 29,620.99Further Development

Analysis of Gold for April 14,.2021 - Upside arget reached at $1.745 with potential for rally towards $1.756

Analyzing the current trading chart of Gold, I found Gold reached my first upside target from yesterday at the price of $1.745.

Anyway, my advice is to watch for buying opportunities on the dips with the next upside target at $1.756.

Additionally, there is the bull flag in creation, which is another sign of the strength....

Key Levels:

Resistance: $1.756Support level: $1.740

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ Analysis of Gold for April 14,.2021 - Upside arget reached at $1.745 with potential for rally towards $1.756