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Gold Analysis – 12.Aug.2024

Gold Analysis – 12.Aug.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By examining the gold chart in the 2-hour timeframe, we observe that, as expected, the price was able to rise to our desired supply zone at $2444. Currently, we don’t see any signs of a price reversal on the chart. If the price can break below $2439 and stabilize, we can expect the next bearish wave. This analysis will be updated.
(This Post on TradingView)

Author : Arman Shaban
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