Daily Technical Report 21-8-2024

Technical Analysis

By Shady Fouad On Aug 21, 2024

GOLD

Gold has been moving in an upward trend in the medium term, opening the way for prices to rise and form new highs. However, if prices break below the support area of $2503, we may retest the support zone at $2490-$2477.

Support	2503	2490	2477
Resistance	2530	2560	2600

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Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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Daily Technical Report 22-8-2024

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