GOLD PRICE ANALYSIS 23 June 2023

As I told last day, Gold is still in it's bearish trend and will reach 1903 soon.

GOLD
- In bearish pattern
- I see that it will continue it's bearish move
- DXY is at resistance level and can break this resistance
- DXY will move upto 102.500 level and above, which will pressure gold to go bearish

Continue with Entry:

GOLD Short Signal was given: 1934.00
Move Stop Loss - 1932.00
Take Profit: TP1: 1920.00 | TP2: 1910.00 | TP3: 1903.00

TP3 will hit soon.


Intraday Support Resistance Level.
Pivot Level: 1920.33
Resistance Level: R1:1928.306 | R2:1942.173 | R3:1950.149
Support Level: S1:1906.463 | S2:1898.480 | S3:1884.620

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