ad
Forex Brokers Award 2021
Vote your favourite broker
$30 Forex No Deposit Bonus best offer on market

Gold Continues Its Sideways Range

Jun 18 2020, 06:36 PM (BDT) | Orbex.com

xauusd

The precious metal has consolidated around the 1725 level over the past few daily sessions.

This sideways consolidation is likely to suggest that we could see a breakout move in the making.

But the bias remains mixed as prices could move in either direction.

However, gold prices need to contend with the upper resistance level of 1747, while to the downside, the minor support at 1700 will be key.

Only a breakout from either of these levels will confirm a move to the upside or down.

Orbex.com

At Orbex, the client is at the heart of everything we do and everything we do is designed to guarantee your satisfaction. Here’s how Forex Trading with Orbex will enhance your trading experience: Best-in-class customer service, including live chat and free webcall One-hour response time for sales and support requests Multiple asset trading and ECN accounts on MT4 0.9 pip fixed spread at ZERO commission Up to 1:500 leverage
ad