Gold Analysis – 09.Feb.2024

Gold Analysis – 09.Feb.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: As you can see, the price entered the Supply Zone that I had specified on the chart and fell to $2025! After the price reached 2025$, it was accompanied by demand again and went up to 2037$ and we can see that at this moment the volatility of gold has reached its maximum and it grew by exactly 120 pips in less than 10 days and fell by 80 pips. ! I hope this analysis was useful for you! Other assumptions of the previous analysis are still valid! The medium-term falling targets for gold are $2002 to $2007, $1997, and $1979 to $1986, respectively!
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Author : Arman Shaban
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