Evening update for Gold 02-02-2023

Economies.com
1 month ago

Gold price suffered strong losses after failing to surpass 1950.00 level, to attack the bullish channel’s support line and attempt to break it, to head towards achieving potential bearish correction in the upcoming period, noting that closing the daily candlestick below 1920.00 will confirm the continuation of the bearish bias, while consolidating above it will lead the price to regain the main bullish trend again.

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