Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Thursday September 05, 2024.

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Technical analysis



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Technical analysis


Technical Analysis of Intraday Price Movement of Gold Commodity Asset, Thursday September 05, 2024.


From what we can see on




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05.09.2024 08:28 AM






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05.09.2024 08:28 AM




From what we can see on the 4-hour chart, the Gold commodity asset price movement appears to form a Higher High while the Stochastic Oscillator indicator actually forms a Higher Low. From here we can conclude that there is a hidden deviation which indicates that there is a weakening of momentum in the Gold commodity asset so that as long as there is no strengthening that breaks through and closes above the level of 2535.95, Gold will try to break




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