GOLD 16-10-2023 .

By Shady Fouad On Oct 16, 2023

GOLD 16-10-2023 .
The prices soared aggressively in last week trading session, breaking a resistance level within the range of 1880 and coming close to the 1940 zone. It is expected that selling pressure may appear in this area, slowing down the upward momentum.

Support	1885	1875	–
Resistance	1940	1950	–

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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