GOLD (GC), Monday forecast, June 22

GOLD, (GC) Futures market
Monday forecast, June 22

Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 1764, which will be followed by reaching resistance level 1775.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1748, which will be followed by moving down to support level 1735 – 1729.

Weekly forecast, June 22 – 26
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1749, which will be followed by reaching resistance level 1775 – 1788.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1749, which will be followed by moving down to support level 1729 and if it keeps on moving down below that level, we may expect the pair to reach support level 1706.

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

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