Gold Analysis – 28.Nov.2023

Gold Analysis : By examining gold in the 12-hour time frame, we see that the price is trading in the range of $2015 and we saw that the price managed to close above $2010 last night! Considering the price movement, I expect that soon we will see the price rise to higher targets such as $2020, $2040 and even $2066! As I mentioned in the previous analysis, the price was in a supply range and it was able to drop more than 70 pips from the same range, but it faced the demand pressure again and was able to record the price of 2018$ until this moment! This analysis will be updated again!
(This Post on TradingView)

Author : Arman Shaban

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