Gold Analysis – 03.May.2024
Gold Analysis: Upon examining gold in the 2-hour timeframe, we can see that yesterday, as expected, gold experienced a relative increase and managed to rise by 100 pips to $2310 before undergoing a price correction. Currently, gold is trading around $2295, and we will have the NFP data in a few minutes. If gold stabilizes below $2300, we can anticipate a further decline in gold prices.
(This Post on TradingView)
Author : Arman Shaban
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