According to the analysis of 2/08/2022, gold is currently below the 20 EMA in the monthly time frame
If it closes below this resistance, the selling pressure will be much higher and this can cause gold to lose its $1675 support.
If it loses, it can fall to the $1,500-$1,550 range.
If you are satisfied with my analysis, support us with like and comment
If it closes below this resistance, the selling pressure will be much higher and this can cause gold to lose its $1675 support.
If it loses, it can fall to the $1,500-$1,550 range.
If you are satisfied with my analysis, support us with like and comment
