Gold Weekly Update 12-16 Feb 24
The market appears to be moving sideways from 2021 to 2030, with minimal fluctuations expected in the next one or two days. However, a breach below the 2020 level on Monday could lead to a downward trend, potentially reaching 2010-2005, marked as Target 01. If the downtrend persists, further decline to 1990-1980 is anticipated, labeled as Target 02. Conversely, breaking above 2036 may propel the market upwards, with a potential target of 2055. Stay tuned for updates and follow for more information.
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