Gold Analysis – 17.Jul.2024
Gold Analysis: By analyzing the #Gold chart in the 6-hour timeframe, we observe that, as expected, gold moved higher to gather liquidity above the previous high of $2450. However, it did not stop there; the buying pressure remains high, and gold has recorded a new high, reaching $2482.4! Currently, gold is trading around $2473, and only if the price stabilizes and closes below $2460 can we expect further declines. Otherwise, we anticipate the price reaching $2500! The validity of this analysis has come to an end, and the next analysis of gold will be entirely new.
(This Post on TradingView)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
