Gold Forecast – Tuesday, August 13

The uptrend may be expected to continue, while gold is trading above support level 1519.50, which will be followed by reaching resistance level 1533.

Gold, Tuesday forecast, August 13

The uptrend may be expected to continue, while pair is trading above support level 1519.50, which will be followed by reaching resistance level 1533.

A downtrend will start as soon, as the pair drops below support level 1519.50, which will be followed by moving down to support level 1510.
 

Weekly forecast, August 12 - 16

The uptrend may be expected to continue, while pair is trading above support level 1489, which will be followed by reaching resistance level 1522 - 1532.

A downtrend will start as soon, as the pair drops below support level 1488, which will be followed by moving down to support level 1470 and 1446.

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