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On the 4-hour chart, the Stochastic Oscillator indicator appears to be crossing BUY, coupled with the price movement moving above the WMA (21) and the appearance of a Bullish 123 pattern, so as long as there is no weakening correction that breaks through and closes below the 3120.34 level, Gold has the potential to strengthen, where the 3312.14 level will be the main target to be tested, even if the volatility and strengthening momentum support it, the 3373.02 level will be the next target to be aimed for.
(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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