Gold Analysis – 18.Apr.2024
Gold Analysis: By checking the gold chart in the 1-hour time frame, we can see that according to the analysis we had yesterday, the price started to fall from the range of $2395 and was able to correct it by more than 400 pips to $2355! As you know, the price penetrated to these levels in order to collect liquidity, and for this reason, after collecting liquidity, we saw an increase in demand, and currently gold is trading in the range of $2384, And it seems that we may see more gold fall from this range!(This Post on TradingView)
Author : Arman Shaban
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