Gold against the US dollar 1.07.2024

Technical Analysis
Monday, July 01, 2024 - 10:49
Point Trader Group

General trend: down.

Expected scenario:

The pair is trading below $2,340, which enhances the chances of a drop to $2,300-$2,290.

Alternative scenario:

The scenario changes with a break of $2340 to target $2360-2370.

The most important levels

Resistance:

2360 - 2370

Support:

2300 - 2290

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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