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GOLD 27-10-2023 .

Technical Analysis
By Shady Fouad
0 57

GOLD 27-10-2023 .
The prices are trading near minor resistance levels, and it is observed that the upward momentum in prices has weakened in previous sessions. It is likely that selling pressure will continue in this area. However, if prices break above the 2000 zone, this scenario would be invalidated, and we may target the 2030 area.

Support

 1950 1940 –
Resistance 2000 2030

2050
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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