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25.10.202211:13 Forex Analysis & Reviews: Technical analysis of gold

Gold:

Exchange Rates 25.10.2022 analysis

The chart shows the movement of gold on the daily (D1) chart.

This analysis attempts to evaluate the movement of #GOLD in the medium term.

Assuming that the key support level is still $1612.0-1605.0, the price will rise to $1800.0 in the medium term, as shown in the chart. Additional analysis will be needed if the indicated resistance area is broken.

Good luck!

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

Daniel Liderman,
Analytical expert of InstaSpot
© 2007-2024
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