Market Analysis of Gold on Tuesday 20 June 2023

2023-06-20 10:27Source:BtcDana

Gold Intraday: key resistance at 1959.00.

 

Pivot:

1959.00

 

Our preference:

Short positions below 1959.00 with targets at 1945.00 & 1939.00 in extension.

 

Alternative scenario:

Above 1959.00 look for further upside with 1966.00 & 1973.00 as targets.

 

Comment:

As long as the resistance at 1959.00 is not surpassed, the risk of the break below 1945.00 remains high.

Analyst Views Chart

More