Technical analysis of GOLD 09/10/2021

Gold quotes found resistance at the level of 1830 (July highs) and then began to show a downward correction. Now the price is in the area of 1800 (38.2% Fib).
If this support is broken, the next one will be on the level of 1780 (50% Fib).
The signal to cancel the development of the downward correction will be the quotes growth above the maximum level of 1830.

GOLDH4 (2)
Created by Joshua Hayn

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)
5.0 out of 5 based on 1 rating

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>