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FX.co ★ Analysis of Gold for February 21,.2022 - Watch for potentioal flush down for further rally

Analysis of Gold for February 21,.2022 - Watch for potentioal flush down for further rally

Technical analysis:

Analysis of Gold for February 21,.2022 - Watch for potentioal flush down for further rally

Gold has been trading sideways at the price of $1,896 and I see potential for the sell off first and then eventual upside continuation.

Trading recommendation:

Due to strong upside trend I see potential for upside continuation but before that I can see flush down towards $1,881.

Watch for upside opportunities after potential flush down around area at $,881.

Upside objectives in the case will be placed at $1,907 and $1,915

Support is set at the price of $1,881

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