GOLD Price Movement For January 13, 2020


Analizing Gold seasonal trends and the COT Commercial Hedge, this commodity has been trading with the bullish bias. It seems the Gold price is going to test the 4-Hour chart fair value at 1$5,84.62. If the volatility and momentum is good, there is a possibility that gold will try to test the 4-Hour chart BUY Side Liquidity Pool at $1,592.72 and the Monthly Chart BUY Side Liquidity Pool Level at $1,615.50.

Overall, the precious metal has been following the uptrend.

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