XAUUSD

GOLD

6/20/2022

Examining the daily trend, last week, after the fall in gold prices, it reacted again to the bottom of last month and returned to the opening range of this month; this shows that the market is still at the closing price of last month, which is a Had formed a strong downward trend, still adheres. But for now, the basics do not increase the desire of sellers. Currently, the neutral trend is established between the support range of $ 1812-1808 and the resistance range of $ 1868-1872, and the failure of one of these ranges determines the direction of the next big market trend.

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