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11.11.202211:50 Forex Analysis & Reviews: Technical analysis of gold

Exchange Rates 11.11.2022 analysis

Gold:

The chart shows the movement of #GOLD on the 4-hour chart (H4).

The medium-term analysis, which was made earlier, remains. The target value is still $1800.00 per 1 troy ounce.

At the moment, the metal is trading at $1765.0 and is looking to overcome the dynamic resistance level (solid green line).

Until the end of the trading day, two scenarios are possible:

- further growth of quotes to $1875.0 per ounce;

- downward correction to $1733.0

Good luck!

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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