FX.co ★ Analysis of Gold for November 08,.2021 - Watch for the upside continuation

Technical analysis:

Gold has been trading upside in last 24 hours with the strong momentum. I see potential for further upside continuation.

Trading recommendation:

Due to strong upside momentum in the background and potential flag pattern today, I see potential for the upside continuation.

Watch for buying opportunities on the pullbacks using intraday charts.

Upside objectives are set at the price of $1,827 and $1,834

Stochastic is showing fresh bull cross, which is another sign for further upside continuation.

Support level is set at the price of $1,812