gold
gold weekly technical analysis
Gold is moving in an upward direction, expected to rise from the purchasing liquidity support area at 1814.55 levels, to target the selling liquidity resistance area at 1858.46 levels, from which we expect the week’s top to form.
But in the event that a four-hour candle closes below the level of 1809.49, we expect the decline to continue and target the purchasing liquidity support area at 1763.34 levels, from which the bottom of the week is expected.
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