Daily Technical Analysis & Recommendations - GOLD - XAUUSD- 22nd November, 2022

• Gold expected to remain under pressure as investors await FED meeting minutes. 
• Gold still hold above 1728-34 area and trend is up. $1757/60 Next target.
• We must stay on upward side

Trade Recommendations: Stay in long position, targeting $1757/60 area. Stop loss below $1

727.

Alternative Scenario: Break of $1728 will turn the price in neutral zone.

Naveed Anjum

Technical Analyst