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FX.co ★ Technical Analysis of The Price movement of Gold Commodity assets,Tuesday January 30 2024.

Technical Analysis of The Price movement of Gold Commodity assets,Tuesday January 30 2024.

Technical Analysis of The Price movement of Gold Commodity assets,Tuesday January 30 2024.

With the appearance of the deviation between Gold commodity asset price movement with Stochastic Oscillator indicator on the daily chart, so, as long as there is no weakness correction that breaks below the level 1956, 02, then in a few days ahead Gold has the potential to continue its strengthening to the level 2061,74. If this level successfully broken above and supported by the momentum and volatility which is quite significant, then it is not possible that Gold will continue its strengthening to the level 2108,17 as the first target and level 2207,53 as the second target.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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