FX.co ★ Analysis of Gold for November 28,.2022 - Potential for further upside continuation

Technical analysis:

Gold has been trading sideways at the price of $1.750. Anyway, I see potential for the further upside continuation.

Trading recommendation:

Due to the strong upside pressure in the background and rejection of key support at $1.730, I see potential for further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $1.785.

Stochastic oscillator is showing bullish divergence in the background, which is good sign for further upside movement.

Key support is set at the price of $1.730