Gold Analysis – 10.Jan.2024

Gold Analysis – 10.Jan.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By checking the gold chart in the 4-hour time frame, we can see that the price is trading in the range of $2035 and yesterday, as I expected, the price could grow to the range of $2043 and after that it will fall again! The important demand range in the 4-hour time frame is $2031, which can have an initial reaction to this level, and if the price can stabilize below $2040, we may see a heavy fall in gold, And its possible targets will be $2031, $2024, $2020, $2005 and $1986 respectively! This analysis will be updated.
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Author : Arman Shaban
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