The spot gold market has been in a trading range between 1058 – 1082 , the overall trend is down .
Daily Chart Plan A&B
- A. breakout upper trendline could target 1088.32 or 1098.42 resistance
- B. upper trendline holds as resistane again = range trading between trendline and 1058.55
Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.