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Gold Analysis – 16.Aug.2024

Gold Analysis – 16.Aug.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By reviewing the 2-hour gold chart, we see that, as expected, gold entered the $2470 range and then experienced a sharp drop, correcting by 380 pips down to $2432! This was one of the most exciting analyses of the week. Currently, the price is trading around $2471, and we need to watch closely to see if it will get rejected again from the $2471 to $2477 range.
(This Post on TradingView)

Author : Arman Shaban
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