GOLD H1 – Market Analysis for 11/01/2022

GOLD H1 Analysis by Fx Forever:

Read the details below to understand the upcoming move of the forex market.

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Upcoming Direction:

Opportunity on Buy Side!

The technical analysis of the pair is below:
1) Trade price level = 157.10
2) Trade price level = 155.70

Gold Market has a buy area of 1803 – 1800. If the gold market closes above the level of 1800 so the buy trade can be executed with the SL of 1782 of if the Gold breaks the levels of 1782 – 1780 so it can make its next target of 1770 – 1750 with the SL level of 1800.
Please follow the Trade Execution Area and execute your trades under the SL & TP.

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