Gold Spot / U.S. Dollar
Short

Gold: Weekly Forecast 23rd January 2022

128
Gold shot through the supply level at 1830 but face resistance at the top of a symmetrical triangle.

The recent bullish trend that has lasted for just over a month could be an upward consolidation of the previous bearish wave.

This week, we would preferably wait for the price to climb a little higher and look for a selling opportunity.

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