Gold price forecast for today: XAUUSD analysis 27.06.2022

The short-term gold uptrend continues. On Friday, traders unsuccessfully tested the Intermediary Zone 1821 – 1817.

Today consider purchases in the Intermediary Zone according to the pattern with the first target at June 16 high. The second target for purchases will be the upper Target Zone 1884 – 1877.

To enter sales and reverse the trend, sellers need to consolidate the price in the American trading session below level 1817. In this case, from the next trading day, look for sales with a target in the lower Target Zone 1785 – 1778.

XAUUSD trading ideas for today:

Buy according to the pattern in Intermediary Zone 1821 – 1817.
TakeProfit: 1857.
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.