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Gold Mini Expected Movement and Trendline /Future Forecast of Gold Mini Futures - forexblues.com

 Hello Everyone. Hope you all are doing good ! 

Today we will be discussing about the Gold Expected Movement. Gold is now at 52,800 level and the resistance is at that level. 

Now looking into the chart, we can see that the support is at 51,100 which is S1, which means it will depreciate to this level.




 The different parameters such as the RSI, Stochastic RSI, and MACD - all are showing a downward pressure, making us believe that it probably be heading towards downfall.

Also if it will break this level of 51,100, it will fall straight to S2 which is at 50,000.


So this will be the upcoming movement in Gold Mini Futures according to technicals. 

Hope you guys like this blog. If you have any queries, please do write to us.


Thanks.

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