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Gold decreased slightly in the last session of the week
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Hello dear traders!
Upon observing the D1 chart, we can see that a downtrend channel is currently in operation, and gold is still showing positive development this week with a high price of $1883. However, it has not yet broken out of the extended downtrend.
With an expected increase reaching 1912, it will be rejected on the downtrend channel and subsequently test the low level of 1855.
Upon observing the D1 chart, we can see that a downtrend channel is currently in operation, and gold is still showing positive development this week with a high price of $1883. However, it has not yet broken out of the extended downtrend.
With an expected increase reaching 1912, it will be rejected on the downtrend channel and subsequently test the low level of 1855.
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