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2023λ…„ 6μ›” 8일 μ˜€μ „ 11μ‹œ 25λΆ„

Gold Price Prediction after RangeΒ 

GOLD (US$/OZ)TVC

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Currently, the asset has entered a sideways movement.
We are trading on the D TF between the 100-day and 50-day ema: $1936 - $1982.

A breakout from this sideways range will lead us to the following targets:

πŸ›‘ Put Target: $1890
βœ… Call Target: $2049

If the price drops to $1890, I expect a continuation of the uptrend.
At that level, we also have the 200-day moving average, which has historically acted as a support level for the asset.
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