Gold price is trading at 2027 after a breakthrough to 2037 in today's Asian session. Therefore, the double top model is also established with two peaks in the 2037 price area. If the price breaks through the 2017 bottom, the lowest point that gold reached yesterday, it is likely to return to 2003. In this case, this support area still remains. strong enough to support the increase in gold prices, gold will continue to form a sideway price range within the 2020-2040 range.
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# gold Analysis
Gold price is trading at 2027 after a breakthrough to 2037 in today's Asian session. Therefore, the double top model is also established with two peaks in the 2037 price area. If the price breaks through the 2017 bottom, the lowest point that gold reached yesterday, it is likely to return to 2003. In this case, this support area still remains. strong enough to support the increase in gold prices, gold will continue to form a sideway price range within the 2020-2040 range.