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GOLD 31-10-2023 .

Technical Analysis
By Shady Fouad
0 34


GOLD 31-10-2023 .

In the last week, prices breached the resistance areas in the range of 1985 indicating a  potential target of 2030. However, it is worth noting the weakening momentum in previous sessions. The positive outlook for gold diminishes if prices break below the support level of 1980.

Support

 1985 1980 1950
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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