FX.co - Analysis of Gold for April 23,.2021 - Upside continuation andpotential test of $1.812

2021-04-23T11:08:45

Relevance until2021-04-25

Further Development

Analysis of Gold for April 23,.2021 - Upside continuation andpotential test of $1.812

Analyzing the current trading chart of Gold, I found that there is the potential for the upside continuation and end of the downside correction.

My advice is to watch for potential buying opportunities on the dips with the upside target at $1.813

The trend is still bullish and the rising trend line is confirming that condition.

Key Levels:

Resistance: $1.813Support levels: $1.777

*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 23,.2021 - Upside continuation andpotential test of $1.812