FX.co ★ Analysis of Gold for September 08,.2022 - Key pivot resistance at the price of $1.726 on the test

Technical analysis:

Gold has been trading upside this morning and it is approaching the key resistance level at $1.726. Watch for the reaction of this key pivot resistance to confirm further direction.

In case of the rejection of key resistance at 1.726, watch for the downside rotation towards $1.690

In case of the upside breakout of 1.726, watch for the buying opportunities on the intraday dips with the upside objective at $1.741