Gold Analysis – 17.Jan.2024

Gold Analysis – 17.Jan.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By checking the gold chart in the daily time frame, we can see that the price started to fall based on yesterday’s analysis and hit the targets of $2035 and $2029, and by breaking this important level, it was able to fall even until $2018! The efficiency of this analysis has been more than 200 pips so far, and if the price penetrates and stabilizes below $2014, we will probably see a further drop even to levels below $2000! This analysis will be updated and the next gold analysis will be in the 4-hour time frame!
(This Post on TradingView)

Author : Arman Shaban
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