Gold Analysis – 18.Nov.2024
Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that the market opened today with a positive price gap between $2563 and $2566. Given the current price trend, I anticipate a potential price correction soon to fill this gap. Additionally, with the recent rally in gold, we’ve seen the previous FVG from the drop mostly filled, and it only needs to reach $2606 to fully close this void. Keep a close watch on the price’s reaction to this level—it could be crucial for upcoming movements!
(This Post on TradingView)
Author : Arman Shaban
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