Evening update for Gold 23-01-2023

6 days ago

Gold price attacked the bullish channel’s support line and achieved initial break to it, but it shows positive trades now in attempt to return above this support, to keep the chances valid to continue the main bullish trend, which depends on the price stability above 1920.35 as a first condition to continue the expected rise, noting that the next target is located at 1950.00.

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