Since the second decade of May, gold has been moving in a horizontal channel with boundaries of 1805 - 1870.
And now it is again approaching the lower border of the flat.
The lines of the Stochastic indicator are about to cross in the oversold zone.
As a result, it is quite likely that the price will rise to the upper limit of the interval.
This content is for informational purposes only and is not intended to be investing advice.