GOLD outlook 24-28 Jan 2022

Gold is moving up in an ascending channel and we are expecting Gold to continue doing so for the coming week.

We will observe how Gold behaves when the market opens. We could get a pullback to as low as the 1815 zone before continuing up the ascending channel.

Expecting gold to reach up to around 1860 zone.

Break above 1880 will negate the bearish outlook.


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