Gold Analysis – 08.Nov.2024
Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we see that, as expected, gold surged from the $2670 zone and successfully filled the FVG (Fair Value Gap) marked on the chart. This analysis has yielded over 400 pips of profit so far. After reaching $2710 and filling the gap, the price corrected back to the $2688 level, where it is currently trading. Key demand levels are $2668, $2662, and $2649, while the resistance zones to watch are $2699, $2717, and $2723. The price must stay above $2662 and avoid falling below $2642 to sustain further growth. Stay tuned for updates! Hope you made the most out of this analysis!
(This Post on TradingView)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
