If we look at the 4-hour chart, the Gold commodity asset can be seen that the slope of the 20 Moving Average is dipping up and moving above the 20 MA and 200 MA, this indicates that the gold commodity asset is currently getting appreciation where buyers are starting to dominate again, but it seems that in time In the near future, a momentary correction will occur in order to get upward momentum again, which is important as long as the correction does not pass through the 1827.26 level, then Gold still has a chance to appreciate upwards to 1938.04 as the main target and 1959.23 as the next target to be addressed.
(Disclaimer)
