Evening update for Gold 05-01-2024

Economies.com
2024-01-05 16:47PM UTC

Gold price approached the waited target at 2016.90 and bounced upwards strongly to test the key resistance 2065.70, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend valid for the upcoming period, as breaching it represents initial key to regain the main bullish trend again.

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