EnglishMyanmar (Burmese)

Gold price forecast for today: XAUUSD analysis 10.06.2022

The price of gold continues to fall within the correction. A possible target is the key support zone of 1838 – 1828. After the price enters this zone, look for long trades with the first target at June 8 high and with the second target at June 3 high.

To enter sales and reverse the trend, traders need to break out level 1828 downside. It is also necessary to close the price below this level in the American session. In this case, the trend will reverse down. Thus, from the next trading day, consider gold sales with the target in the lower Target Zone 1802 – 1794.

XAUUSD trading ideas for today:

Open buy positions according to the pattern in 1838 – 1828.
TakeProfit: 1873.
StopLoss: according to the pattern rules.




Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.