Gold Analysis – 17.Jun.2024

Gold Analysis – 17.Jun.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: In our latest analysis of the gold chart on the 4-hour time frame, we observed an intriguing price movement. After climbing from $2336, gold faced a correction, dropping to $2315. However, it quickly rebounded with renewed demand, reaching around $2320, and is currently trading at $2319. Gold is now sitting in a crucial range. If it maintains support between $2309 and $2316, we could see an exciting upward trend. Potential targets are $2323, $2328, $2337, and $2342. Stay tuned for updates on this analysis!
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Author : Arman Shaban
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