Gold Analysis – 14.Feb.2024
Gold Analysis: By checking the gold chart in the 4-hour time frame, we can see that the price finally managed to drop to the range of $1987 and enter the specified demand range! After the price reached the range of 1987$, it was accompanied by relative demand and is currently trading in the range of 1989$ with about 20 to 30 pips of growth! If the price stabilizes above the demand level of $1978 to $1987, we can expect an upward corrective movement from gold!
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Author : Arman Shaban
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