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27.03.2023 09:12 AM
Analysis of Gold for March 27,.2023 - Key support zone at the price of $1.968 on the test

Technical analysis:

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Gold has been trading downside this morning but I see that support zone at the price of $1.967 is on the test.

In case of the rejection of the support zone, I see potential upside movement towards $1.967

In case of the breakout of the support zone, I see potential downside movement towards $1.954

Botch Oscillators Stochastic and MACD have bullish divergence, which is positive sign for the upside rotation.

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