Gold Analysis – 02.Dec.2024
Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we observe that gold extended its correction earlier today, dropping as low as $2,622 after the market opened. Upon reaching this demand zone, it experienced a strong rebound, surging over 220 pips to currently trade around $2,645. This upward momentum could potentially continue towards higher levels. The key zones to watch for potential sell opportunities are:
$2,646, $2,660, $2,669, $2,671, and the range between $2,688 to $2,695.
(This Post on TradingView)
Author : Arman Shaban
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