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GOLD TECHNICAL OUTLOOK 22/03/2022

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold has been trading a downtrend which has changed

We see gold made gains during the course of the months and is currently at a KEY RESISTANCE LEVEL

We confirm Gold is trading within an uptrend But can also confirm we do see SELL positions in the weeks ahead

reason being Gold opened the week at a KEY RESITANCE LEVEL which is rejected and we do see a strong bearish opening and closing with current candles

We look to SHORT GOLD in the weeks ahead to next SUPPORT level

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