Gold Analysis – 03.Oct.2024
Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, as expected, gold started to decline and hit the targets at $2647, $2644, and $2641, giving us a return of about 120 pips! Currently, gold is trading around the $2646 level, and I still expect further declines. However, before this drop, we might see gold rise to $2654 to fill the existing liquidity gap. Keep an eye on the price reaction at the $2649, $2654, and $2657.5 levels!
(This Post on TradingView)
Author : Arman Shaban
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