Gold Analysis – 20.Jan.2025
Gold Analysis: By analyzing the 4-hour gold chart, we observe that after reaching $2717, the price was rejected as expected, followed by a 280-pips correction down to $2689, hitting our identified target. Currently, gold is trading around $2707. If it stabilizes below $2710, we could anticipate further declines. Otherwise, gold might rise toward $2714, $2717, and $2722. Monitor the price reaction to these specified levels closely!
(This Post on TradingView)
Author : Arman Shaban
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