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27.10.202113:33 विदेशी मुद्रा विश्लेषण और समीक्षा: Analysis of Gold for October 27,.2021 - Breakout of the rising trendline

Technical analysis:

Exchange Rates 27.10.2021 analysis

Gold has been trading downside in last 24 hours and I see potential for the further drop. There is the breakout of the rising trend line and potential for the downside continuation.

Trading recommendation:

Due to the breakout of the rising treeline in the background, I see potential for the downside continuation.

Watch for selling opportunities with the downside targets at $1,776 and $1,761.

Stochastic is showing bear condition and potential for continuation.

Resistance is set at $1,794

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Petar Jacimovic,
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