Analysis of Gold for July 16,.2020 – Rejection of the top of the trading range and potential for test of $1.794

Technical analysis: Gold has been trading downwards. As I expected, the Gold rejected of the top of the trading range at $1,815 and rotate downside. I still see potential for further downside towards the bottom of the range at $1,794. Trading recommendation: Watch for potential selling opporutnities iwith the targets at $1,794 and $1,775. Stochastic […]