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Gold Analysis – 09.Jan.2024

Gold Analysis – 09.Jan.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By re-examining the gold chart in the daily time frame, we can see that after the price dropped to $2016 yesterday, it was accompanied by demand pressure and has managed to grow up to $2038 so far! Probably this growth will continue until $2043 and then we can expect a reaction to this supply zone ! The main view is still bearish unless proven otherwise, in which case I will share my change of view with you! Still Keep in mind the range of $1997 to $2016!
(This Post on TradingView)

Author : Arman Shaban

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