Gold Analysis – 06.Jan.2025
Gold Analysis: Based on the 4-hour gold chart analysis, we observe that the price followed the second scenario from the previous analysis. Failing to break and hold above $2662, it experienced a deeper pullback, correcting down to $2625. Currently, gold is trading around $2633, and if it manages to hold above $2626, we can expect further upside potential. The possible targets for this upward movement are $2638, $2647, and $2656.
(This Post on TradingView)
Author : Arman Shaban
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