Gold Analysis – 26.Dec.2023

Gold Analysis: By examining gold in the daily time frame, we see that the price after it was able to grow up to $2070 (as expected) faced selling pressure and corrected up to the range of $2050! Now, with the opening of the market after the Christmas holidays, to fill the liquidity void caused by this drop, the price is moving towards targets above $2060 and is currently trading in the range of $2063! Considering that the majority of the market is closed today, the price can have irrational fluctuations, so in order to stay away from the traps of Bears and Bulls , it is better to rest today and monitor the market from tomorrow!
(This Post on TradingView)

Author : Arman Shaban

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