Recently, gold has been trading sideways at the price of $1,297.65. According to the H1 time frame, I found an intraday bullish flag in creation. My advice is to watch for potential buying opportunities. The upward targets are set at the prices of $1,302.75 and $1,305.00.
Resistance levels:
R1: $1,306.35
R2: $1,310.63
R3: $1,314.85
Support levels:
S1: $1,297.85
S2: $1,293.63
S3: $1,289.15
Trading recommendations for today: watch for potential buying opportunities.
The material has been provided by InstaForex Company – www.instaforex.com
Recently, gold has been trading sideways at the price of $1,297.65. According to the H1 time frame, I found an intraday bullish flag in creation. My advice is to watch for potential buying opportunities. The upward targets are set at the prices of $1,302.75 and $1,305.00.
Resistance levels:
R1: $1,306.35
R2: $1,310.63
R3: $1,314.85
Support levels:
S1: $1,297.85
S2: $1,293.63
S3: $1,289.15
Trading recommendations for today: watch for potential buying opportunities.
The material has been provided by InstaForex Company – www.instaforex.com
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