Gold analysis for today 14-01-2020 After gold reached the first target at $ 1536 an ounce, it rebounded slightly as a kind of correction, which may be short due to the accelerating events in the markets.
Check the past analysis that we said that gold is for sale from $ 1555 with the attached targets.
After China decided to send its chief negotiator to Washington to sign the trade agreement between China and America.
America has decided to end the work with what is called China controls its currency.
After this news, the Chinese yuan rose, the euro rose with it, and safe havens such as gold and the Japanese yen declined
We still see gold falling in a downward direction to reach 1512 levels as a last resort.