{"id":20,"date":"2024-02-29T12:00:49","date_gmt":"2024-02-29T08:30:49","guid":{"rendered":"https:\/\/blog.deltafx.com\/en\/?p=4342"},"modified":"2025-12-01T16:17:24","modified_gmt":"2025-12-01T12:47:24","slug":"gold-technical-analysis-on-daily-timeframe-07-10-2023","status":"publish","type":"post","link":"https:\/\/blog.deltafx.com\/en\/gold-technical-analysis-on-daily-timeframe-07-10-2023\/","title":{"rendered":"Gold Technical Analysis on Daily Timeframe: 07\/10\/2023"},"content":{"rendered":"<p>n<\/p>\n<p>Short-term fluctuations currently indicate an upward trend in gold\u2019s movement on the daily timeframe.<\/p>\n<p>nnnn<\/p>\n<p>If the bullish pressures persist, a breakthrough of the range in 1925 could signify an ascent toward the <a href=\"#\" data-type=\"post\" data-id=\"2413\">resistance level<\/a> in 1985. Should this level be surpassed, traders\u2019 attention will turn to the 2000 level.<\/p>\n<p>nnnn<\/p>\n<p>On the other hand, bearish actions could drive the price towards the recent three-month low at 1893. If this <a href=\"#\" data-type=\"post\" data-id=\"2413\">support level<\/a> is broken, traders\u2019 focus could shift to the March 1857 resistance level, close to the 200-day <a href=\"#\" data-type=\"post\" data-id=\"2595\">Simple Moving Average (SMA)<\/a>. Crossing that range could pave the way for the lowest level, 1804 in 2023.<\/p>\n<p>nnnn<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-4343\" title=\"\" src=\"https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023-1024x480.jpg\" sizes=\"(max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023-1024x480.jpg 1024w, https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023-300x141.jpg 300w, https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023-768x360.jpg 768w, https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023-1536x721.jpg 1536w, https:\/\/blog.deltafx.com\/en\/wp-content\/uploads\/2023\/07\/Gold-10-July-2023.jpg 1820w\" alt=\"Technical analysis- Gold- 10\/07\/2023\" width=\"1024\" height=\"480\" \/><figcaption>Technical analysis- Gold- 10\/07\/2023<\/figcaption><\/figure>\n<p>nnnn<\/p>\n<p>To enter the forex market and gain more profits, <a href=\"https:\/\/www.deltafx.com\/\" target=\"_blank\" rel=\"noopener\">log in<\/a> to DeltaFX broker right now.<\/p>\n<p>n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>n Short-term fluctuations currently indicate an upward trend in gold\u2019s movement on the daily timeframe. nnnn If the bullish pressures persist, a breakthrough of the range in 1925 could signify an ascent toward the resistance level in 1985. Should this level be surpassed, traders\u2019 attention will turn to the 2000 level. nnnn On the other [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-20","post","type-post","status-publish","format-standard","hentry","category-news-en"],"_links":{"self":[{"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":3,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"predecessor-version":[{"id":3676,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/posts\/20\/revisions\/3676"}],"wp:attachment":[{"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.deltafx.com\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}