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26.11.202115:14 Forex Analysis & Reviews: Analysis of Gold for November 26,.2021 - Upside breakout

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Technical analysis:

Exchange Rates 26.11.2021 analysis

Gold has been trading upside as I expected. The price is heading towards my upside objective from yesterday at $1,822.

Trading recommendation:

Due to upside breakout today and strong relative strength on the Gold, watch for potential buying opportunities on the pullbacks.

Upside target is set at the price of $1,822

Stochastic is showing potential for the bullish cross and extreme downside condition.

Support level is set at $1,780

Petar Jacimovic
Analytical expert of InstaForex
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