GOLD, (GC) Futures market
Wednesday Forecast, July 15
Uptrend
An uptrend will start as soon, as the metal rises above resistance level 1817.8, which will be followed by moving up to resistance level 1829.8.
Downtrend
The downtrend may be expected to continue, while it is trading below resistance level 1817.8, which will be followed by reaching support level 1801.8 - 1787.
Weekly Forecast, July 13 - 17
Uptrend
The uptrend may be expected to continue, while the metal is trading above support level 1787, which will be followed by reaching resistance level 1847 - 1875.
Downtrend
An downtrend will start as soon, as it drops below support level 1787, which will be followed by moving down to support level 1756 - 1683.
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
An downtrend will start as soon, as it drops below support level 1755, which will be followed by moving down to support level 1683.
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