Gold Analysis – 07.Jan.2025
Gold Analysis: Gold followed our expectations perfectly, showing an impressive rally and hitting the targets of $2638 and $2647, yielding a gain of 160 pips! After reaching the second target, gold retraced to $2615, where it encountered renewed demand, pushing the price back up. Currently, it’s trading around $2648. This bullish momentum may continue, so keep an eye on the price reaction within the $2656 to $2666 range! Further updates will follow.
(This Post on TradingView)
Author : Arman Shaban
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