AliForexTalks
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Gold Daily Outlook - June 21, 2022
The gold price provided clear positive trade and remained supported above the 1836 level. However, it starts today with an apparent uptrend to settle above the mentioned level, which encourages us to suggest a bullish bias today. The leading indicators, such as stochastic RSI and RSI, are currently positive, driving a bullish bias for gold.
Above the 1838.10 trading level, gold has the potential to reinforce the uptrend trend, which will continue unless 1850.00 is breached and held above. Today's trading range is expected to be between 1820.00 support and 1855.00 resistance. So, consider looking for buying trades over $1,836 and vice versa. Good luck!
The gold price provided clear positive trade and remained supported above the 1836 level. However, it starts today with an apparent uptrend to settle above the mentioned level, which encourages us to suggest a bullish bias today. The leading indicators, such as stochastic RSI and RSI, are currently positive, driving a bullish bias for gold.
Above the 1838.10 trading level, gold has the potential to reinforce the uptrend trend, which will continue unless 1850.00 is breached and held above. Today's trading range is expected to be between 1820.00 support and 1855.00 resistance. So, consider looking for buying trades over $1,836 and vice versa. Good luck!