08.07.202410:00 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Gold Commodity Asset , Monday July 08, 2024.

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On the daily chart, the Gold commodity asset can be seen at the level of 2294.15 acting as a fairly good support level which has been attempted to be broken several times but could not, including the fourth time, and the last time it is still difficult to penetrate, so currently since a few days ago the Gold commodity asset has experienced quite significant strengthening where the level of 2374.98 was successfully penetrated, although in the next few days the consequence will be a weakening correction, but as long as the correction does not penetrate below the level of 2294.15, the gold commodity asset for the next few days still has the potential to continue strengthening up to the area level of the 2525.54 - 2449.56.

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