Gold Analysis – 16.May.2024

Gold Analysis – 16.May.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: Upon re-examining gold in the 4-hour timeframe, we observe that the price, after an initial drop, has once again encountered demand pressure and is currently trading with an increase of over 100 pips in the range of $2382! The other assumptions of the previous analysis remain valid!
(This Post on TradingView)

Author : Arman Shaban
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