Gold Analysis – 08.Oct.2024
Gold Analysis: By analyzing the #Gold chart on the 30-minute timeframe, we can see that the price started to drop earlier than expected (from the $2,653 level), and unfortunately, our sell position was not triggered. Gold experienced a strong decline, correcting over 480 pips down to $2,604! This sharp drop has created a large liquidity gap, which I expect to be filled soon. The key supply zones are $2,636.5 to $2,641.7 and $2,648 to $2,653. Other supply zones mentioned in the previous analysis remain valid.
(This Post on TradingView)
Author : Arman Shaban
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