GOLD, (GC) Futures market
Wednesday forecast, July 15
Uptrend
An uptrend will start as soon, as the pair 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 pair 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 pair is trading above support level 1787, which will be followed by reaching resistance level 1847 - 1875.
Downtrend
An downtrend will start as soon, as the pair 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 the pair 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 the pair drops below support level 1755, which will be followed by moving down to support level 1683.
All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.
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