Gold February 2024 is moving towards a line of 2017.4000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Gold February 2024 continues in its current trajectory, we may see it move towards 2017.4000 within the next 2 days.
After testing 2017.4000 numerous times, Gold February 2024 is once again approaching this price point. Can we expect a bearish trend to follow?
