GOLD 4-1-2023

Technical Analysis

By Shady Fouad On Jan 4, 2024

GOLD 4-1-2023.

Prices declined until they tested support areas in the range of 2040. In the event of breaking this support level to the downside, the prices may target 2020. However, there is a likelihood of prices rebounding higher from the 2040 area.

Support	2045	2030	2020
Resistance	2055	2055	2090

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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