GOLD (GC), Monday forecast, June 29

GOLD, (GC) Futures market
Monday forecast, June 29

Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1781.4, which will be followed by reaching resistance level 1790.4 and 1796.1.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1781.4, which will be followed by moving down to support level 1775 and if it keeps on moving down below that level, we may expect the pair to reach support level 1764..

Weekly forecast, June 29 – July 3
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1790, which will be followed by moving up to resistance level 1796.1 and 1836.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1775, which will be followed by moving down to support level 1755.

Monthly forecast, July 2020
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1789, which will be followed by moving up to resistance level 1884.7
Downtrend
An downtrend will start as soon, as the pair drops below support level 1755, which will be followed by moving down to support level 1683.

DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor