Technical analysis:
Gold has been trading upside yesterday and I found that key resistance cluster at hte price of $1.982 is on the test today.
In case of the rejection of the key resistance at $1.982, I see potential for the rotation back downside towards $1.960
In case of the breakout of the resistance at $1.982, I see potential for the further rally towards $2.000
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
Gold
has been trading
upside
yesterday and I found that key resistance cluster at hte price of
$1.982 is on the test today.
In
case of the rejection of the key resistance at $1.982, I see
potential for the rotation back downside towards $1.960
In
case of the breakout of the resistance at $1.982, I see potential for
the further rally towards $2.000
The material has been provided by InstaForex Company – www.instaforex.com
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