After gold managed to break above the level 1942,00 on its 4 hour chart, then at this time Gold will be corrected towards the Demand level area which is in the range of the 1933.38-1925.90 area in order to regain upward momentum where this has been confirmed by the emergence of deviations between the price movements of this commodity asset and the Awesome Oscillator indicator, but if it turns out that the downward correction is This commodity asset continues to break below the 1916.70 level. It is highly probable that the strengthening that has occurred on the 4-hour chart of this commodity asset will be halted for some time.
Relevance up to 04:00 2023-01-27 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
