Gold Analysis – 09.Oct.2024

Gold Analysis: By analyzing the #Gold chart on the 1-hour timeframe, we can see that the price is currently trading around the $2,620 level. I expect that after a short correction to fill the liquidity gap, the price will start to rise. I have drawn the potential schematic of this movement on the chart. The demand zones are $2,609 to $2,616, and the supply zones are $2,625, $2,636.6, $2,646, and $2,655 to $2,660. I hope you find this analysis helpful and can make the most out of it!
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Author : Arman Shaban
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