Technical Analysis of Intraday Price Movement of Gold Commodity Asset,Thursday November 02, 2023.
November 2, 2023 6:26 am
With the appearance of deviation between Gold price movement wit RSI indicator on its 4 hour chart, then in the near future, Gold has the potential to appreciate stronger to the level 2008,92 as the main target and 2047,71 as the second target. But, if on the way to the targets that has been mentioned below suddenly Gold has the correction which is breaks below the level 1969,39, then the reinforcement scenario that has been described before will become invalid and will cancel automatically.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
With the appearance of deviation between Gold price movement wit RSI indicator on its 4 hour chart, then in the near future, Gold has the potential to appreciate stronger to the level 2008,92 as the main target and 2047,71 as the second target. But, if on the way to the targets that has been mentioned below suddenly Gold has the correction which is breaks below the level 1969,39, then the reinforcement scenario that has been described before will become invalid and will cancel automatically.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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