Gram gold chart for FX_IDC:XAUTRYG by StockCenter for advanced readers — NewsOfFinance

We watched the rise of gram gold, which started on December 22, 2022, after breaking successively to 1160 1175 1180 and 1189 resistance, then experiencing a rapid decline and retreating to 1122.

Although the land under it is related to the balance of demand and the development of mining, there is usually an increase, although there are decreases and exits due to the increase in population and the more attractive usage areas.

The reason is that we can state that a support around 1.100 can be found again and the regression may recover after 1.160. Currently, it is seen that the bottom is bottoming and 1200 can be a long-term target. Fibonacci states that 1.072 is a stop loss.

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