FX.co ★ Technical Analysis of Daily Price Movement Gold Commodity Asset, Monday March 27 2023.

On the daily chart, Gold commodity asset seems appear after broken below the level of 1959,23. Gold will return corrected below where this things confirmed by:

1. The Appearance of Bearish Divergent Bar (WS.1).

2. Hold by the level are Bearish Rejection Block (Yellow Rectangle).

Based on these two facts, Gold has the potential to depreciated below to the level 1909,13 up to the level of 1885,50, after that it will turn back up in the next few days but if the decline exceeds the level of 1804.30 it is certain that the Bull condition that is currently happening in Gold will be restrained for some time.

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