Day: June 23, 2020

Technical Analysis

Gold Technical Analysis, June 23, 2020

Gold had rallied through $1763 yesterday, before reversing lower again. The yellow metal is trading around $1751/52 as we prepare this article and is expected to drop further as long as $1765 remains intact. Immediate support on smaller time frames id $1740 and $1720 respectively, and a break lower would add further confidence on the bearish setup.

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