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With the price movement inside the MA 200 and MA 20 on the 4 hour chart of Gold commodity asset, then we can confirmed if Gold currently on the strengthen condition where it means the Buyers more dominant, so based on this fact in the near future, Gold will try to break above the level 2265,27. If this level managed to break upward, then level 2295,75 will be the next target to be tested but all these scenario will cancel itself if there is quite significant correction if the Gold reverse down to its weakness below the level 2217,49 where it is detected by the appearance of Ascending Broadening Wedge pattern.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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