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GOLD is Trying to Make a Long Breakout

By
Nenad Kerkez
Published: Jun 24, 2021, 09:58 GMT+00:00

Gold is preparing for a long breakout if momentum persists.

Gold

Gold is at the critical support 1765-75 is the zone which bulls need to hold if they want to push the price higher. Ideally it should stay above the interim support 1780. Targets for the move are 1792 followed by 1796. Breakout of 1796 should be targeting 1810 and eventually 1830 in further days.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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