Gold can experience a short-term price correction

16 Kas

By examining the trend in the one-hour time frame, gold has an important support interval in the range of 2557-2552, and now, on the condition of maintaining and not registering any one-hour close candle time below the important support interval in the said range, the rate can reach Fibo resistance of 127.2% in the range of $2641 will increase in price.