empty
 
 

22.10.202114:39 Forex Analyse & Reviews: Analysis of Gold for October 22,.2021 - Key resistance at $1.800 on the test

Technical analysis:

Exchange Rates 22.10.2021 analysis

Gold has been trading upside towards $1,800. The level of $1,800 is key swing high and very important pivot level.

Trading recommendation:

Key resistance level at $1,800 is on the test.

Watch carefully the price action around key level.

Downside reaction of the pivot at $1,800 can provide downside towards $1,788

The upside continuation breakout of the $1,800 can provide higher level and test of $1,829

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert of InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Kan u nu niet praten?
Stel uw vraag in de chat.