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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 last week the price closed at $2431. I expect that with the market opening, after an initial rise to the range of $2442 to $2455, the price will likely decline again. The potential targets for this decline are $2417, $2405, and $2400, respectively. This analysis will be updated tomorrow.
(This Post on TradingView)

Author : Arman Shaban
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