Evening update for Gold 16-01-2024

Economies.com
2024-01-16 17:43PM UTC

Gold price keeps declining to break 2037.50 level and head towards testing 2016.90 level as a first negative station, being aware that it is important to monitor the price at this level, as breaking it represents the key to achieve additional bearish correction that its next target reaches 1977.46, while consolidating above it might push the price to recover and head to test 2065.70 areas mainly.

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