Gold Spot / U.S. Dollar
Long

Gold Daily Analysis 24.08.2022

112
Yesterday Gold broke out from the upper boundary of strong bearish value zone. Today it will have a test for this breakout. If we close above 1736 in Daily then then test passes and we can expect more highs. This test may happen in US session when news out. Gold has strong resistance near 1772 and we can expect gold to rebound after this level.

BUY 1736 SL 1726 TP 1756
SELL 1748 SL 1758 TP 1738

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