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Gold Analysis – 15.Aug.2024

Gold Analysis – 15.Aug.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By reviewing the 2-hour gold chart, we observe that after yesterday’s drop from $2480 to $2438, the price stabilized a bit in the $2438 to $2444 range. With increased demand, it has managed to rise to $2466 so far! The purpose of this rise was to fill the liquidity gap that was created yesterday. Keep an eye on the price’s reaction to the two levels of $2466.6 and $2470.7 for potential Sell Poistion !
(This Post on TradingView)

Author : Arman Shaban
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