Gold- Bulls need to reconquer 1990

2 พ.ย. 2023

After the small double bottom from the 2010 zone, Gold started, as it was normal, to correct.
Yesterday bears pushed the price to an intraday low at 1970, but the price recovered quickly and closed the day in 1985 old resistance zone.
The trend in the medium term is still very bullish, but for bulls to consider this last small correction over, need to reconquer and close above 1990.
In such an instance we could consider 1970 as a local low and expect further gains and finally a break above recent 2010 resistance