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14.12.202310:10 विदेशी मुद्रा विश्लेषण और समीक्षा: Analysis of Gold for December 14, 2023 - Resitance zone is on the test

Technical analysis:

Exchange Rates 14.12.2023 analysis

Gold has been trading upside after the FOMC yesterday and I see that resistance cluster is on the test.

In case of the rejection of the resistance at $2.050, there is the chance for the lower prices towards the upside gap around $2.000 level.

In case of the upside breakout of the resistance at $2.050 and hold above, there is the chance for teh higher prices towards $2.087

RSI oscillator is showing reading above 60 mark.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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