Xauusd analysis on dated 20-06-2022

253
USDJPY

 

Gold (xauusd) is a precious metal and most popular commodities for trading at Stock and CFD market. Gold will give you profit very shortly. Most of the people trading gold for its own nature. There are few step we should follow to trade by today-

 

  • Daily signals are mildly bullish
  • We look for a temporary move lower
  • Bespoke support is located at 1818.00
  • Support could prove difficult to breakdown
  • Further upside is expected although we prefer to set longs at our bespoke support levels at 1818.00, resulting in improved risk/reward

pipsvalley.com

Recommendation: Buy/Buy limit @ 1820 Target: 1845/1860

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