GOLD/USD analysis, June 16, 2022
On the 4hour candle chart, Gold moves between a support level at 1779 and a resistance level at 1876.
If the precious metal price passes the resistance level, it might continue its surge to the level of 1916, which could act as resistance.
On the other hand, a decline below the support level might cause the price to look for support at levels of 1752 and 1721.
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