Gold Analysis – 11.Mar.2024
Gold Analysis: : By checking the gold chart in the daily time frame, we can see that the price was able to grow to $2195 last week and finally the weekly candle closed at $2179! Today, we saw the price rise to $2189, and after that, gold was accompanied by a price correction and fell to $2176! Pay attention, if the price stabilizes below $2200, we can see more correction of gold! But notice that in the last 12 days we didn’t have even one bearish candlestick, and we have to wait for at least 2 powerful bearish candlesticks for further decline!
(This Post on TradingView)
Author : Arman Shaban
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