Gold Analysis – 09.Aug.2024
Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that after an initial correction, the price continued to rise further. After reaching $2424, there were several reactions to this level (check the candlestick wicks), and the price continued to rise, currently trading around $2424. The price may continue to increase, and once it reaches $2442.5, we can closely monitor the price action.
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Author : Arman Shaban
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