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Back Technical analysis
Gold - Technical Analysis of the Situation
GOLDHigher TimeframesLast year produced strong results
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GOLDHigher TimeframesLast year produced strong results for gold, consistently recording new all-time highs. However, towards the end of the year, bearish players were able to push gold into a two-month corrective decline. The first full week of January has shown a bullish trend. Gold has reclaimed support at the weekly short-term trend of 2644.58 and has risen into the bullish zone relative to the daily cloud at 2662.95, challenging the potential elimination of the daily Ichimoku dead cross at 2671.05.If
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