GOLD (XAU) 16-23.01.2024

in #goldlast year

GOLD (XAU) 16-23.01.2024 (yearly cycles)

From January 16 to 23, I expect the Gold rate to rise. The chart shows that the price on January 23 will be higher than the price on January 16. But this does not deny that during this period the price may fall lower than on January 16.

In the highlighted "blue square" you can see that over the last 15 years (12 times out of 15) the price of Gold has risen during this period. Probability 80%.
The average price change during this period over the last 15 years is 0.9%

Золото 16-23 январь.JPG