Gold Technical analysis: Correction phase

15 בפבר׳ 2023

Gold has entered into correction wave after a strong rally, which has ended in February, 2023. As per previous rally and correction trends, I have marked my price targets on the chart using wave tool. There is high possibility of another short rally from 1800 to 1900 and then again it will make new low below 1800 from 1900. Presently, I am expecting gold price fall to 1800 USD.