• PLATINUM $1104.679
  • SILVER $25.47
  • GOLD $1860.64

Spot gold may go beyond $1778


June 29, 2020

Spot gold is ready to break resistance at $1778 per ounce and may reach to $1789.
Post covid lockdown economy is still not good enough to bring gold down too much in near future. Support is at $1668, below that gold may travel to $1660 or to $1650.
The resistance at $1778 is 100% projection level of an upward wave from $1704. Upward trend may resumed again, after a short correction.

Gold technical analysis 29 Jun 2020

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