Gold Analysis – 02.Oct.2024
Gold Analysis: By analyzing the gold chart on the 30-minute timeframe, we can see that today the price faced a correction after reaching the key supply level at $2663 and is currently trading around $2654. Keep in mind that the shadow of war still looms over the market, so it’s best to minimize your trading risk. At the moment, I expect further declines in gold to lower levels. The downside targets are $2647, $2644, and $2640, respectively.
(This Post on TradingView)
Author : Arman Shaban
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