Gold Spot / U.S. Dollar
Updated

Gold Trading Strategy June 20

80
Daily candle continues to show a struggle while the Sellers are dominating. Today there may be a deep sweep and then a recovery at the end of the day.

Yesterday's 3343 zone is reacting 5 prices in the direction of profit. Next support around 3323 pay attention to the next sweep. Pay attention to additional daily support at 3296 for today's buy strategy.

3362 gives a SELL Break out signal in the Asia-Europe session. If Gold closes back above 3362, then BUY to 3400 target the two upper resistance zones remain the same as yesterday at 3415 and 3443

Resistance: 3400-3415-3443
Support: 3323-3296
Break out: 3362
Trade active
Gold reacted strongly at 3343 and has not targeted our main resistance zones today

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