Analysis of Gold for September 22, 2023 – Key resistance cluster on the test
September 22, 2023 9:23 am
Technical analysis:
Gold has been trading upside this morning but I see strong resistance cluster at the price of $1.929 and there is the chance for rejection or the breakout continuation.
In case of the rejection of the resistance cluster, there is the chance for the downside movement towards lower references at $1.921 and $1.918
In case of the upside breakout of the resistance cluster there is the chance for the higher price towards upside reference at $1.936
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
Gold
has been trading upside
this morning but I see strong resistance cluster at the price of
$1.929 and there is the chance for rejection or the breakout
continuation.
In
case of the rejection of the resistance cluster, there is the chance
for the downside movement towards lower references at $1.921 and
$1.918
In
case of the upside breakout of the resistance cluster there is the
chance for the higher price towards upside reference at $1.936
The material has been provided by InstaForex Company – www.instaforex.com
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