FX.co ★ Analysis of Gold for December 15,.2022 - Potential for the upside movement

Technical analysis:

Gold has been trading downside over the Asia session towards the price of $1.790. Anyway, I see potential for ther further rise due to potential oversold condiiton and bigger upside trend.

Trading recommendation:

Due to the test of ML and upside trend on higher frames, I see potential for the further growth.

Watch for the potential buying opportunities with the upside objectives at $1.813 and $1.824.

Stochastic oscillator is showing fresh fresh bull cross from the oversold condition....

Key support is set at the price of $1.788