GOLD 1-2-2024

Technical Analysis

By Shady Fouad Last updated Feb 1, 2024

GOLD 1-2-2024.

Prices rose to the resistance zone in the range of $2065 – $2055, and it is likely that selling pressure may appear in these areas. In this scenario, we might retest the support zone around $2020. This scenario is negated if the resistance zones mentioned earlier are broken to the upside.

Support	2040	2030	2015
Resistance	2050	2060	2080

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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