Gold Forecast - Tuesday, July 7

GOLD, (GC) Futures market
Tuesday forecast, July 7

Uptrend

An uptrend will start as soon, as gold rises above resistance level 1788, which will be followed by moving up to resistance level 1794 - 1798.

Downtrend

The downtrend may be expected to continue, while gold is trading below resistance level 1788, which will be followed by reaching support level 1779 - 1775.

Weekly forecast, July 6 - 10

Uptrend

The uptrend may be expected to continue, while gold is trading above support level 1772, which will be followed by reaching resistance level 1799 - 1807.7.

Downtrend

A downtrend will start as soon, as gold drops below support level 1772, which will be followed by moving down to support level 1755 - 1730.

Monthly forecast, July 2020

Uptrend

An uptrend will start as soon, as gold rises above resistance level 1789, which will be followed by moving up to resistance level 1884.7

Downtrend

A downtrend will start as soon, as gold drops below support level 1755, which will be followed by moving down to support level 1683.