Gold Analysis – 18.Jan.2024

Gold Analysis – 18.Jan.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By checking the gold chart in the 4-hour time frame, we see that as we expected, the price started to fall from the range of $2030 and was able to hit the $2014 and $2007 targets with a heavy fall and even saw the price of $2001! After the price approached $2000, gold met with the important psychological support of this range, and because of this, it was able to grow until $2017! The important supply ranges are 2017.5$, 2023$ and 2032$ respectively! Other assumptions of the previous analysis are still valid!
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Author : Arman Shaban
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