Gold: Testing 1930, Dropping to 1889, and Then Rising to 1935

Gold has seen a strong rally, reaching 1932.98. There is a likelihood that it will retest the 1930 level before dropping to around 1889, given the ongoing developments.

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Kommentar:

If the price successfully rebounds from the 1934.643 level, it could indicate a potential for further upward movement. This aligns with the previous analysis.