The precious metal gold has violated the upward channel at 1,940 level, and now it may head further lower towards the next support area of 1,922. On the higher side, resistance continues to stay at 1,952 level today. Checkout the Gold price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Gold trading outlook: futures lower amid mixed US data, stocks gain
Forex Market: AUD/USD hits a fresh one-month high as COVID-19 vaccine hopes, macro data boost investor risk appetiteForex Market: AUD/USD rebounds from two-week lows as risk sentiment improves, Yellen’s testimony on stimulus eyed
Forex Market: EUR/GBP daily trading forecast
Outlook for EUR/USD during the upcoming week
Forex Market: GBP/CHF daily forecast