Gold Analysis – 19.Jan.2024
Gold Analysis: By examining the Gold chart in the 4-hour and daily time frame, we can see that the price penetrated above the level of $2032 with the announcement of the news to collect more liquidity, and with the growth up to $2039, it was accompanied by a fall again and returned below $2032 and even up to $2023! The range of $2020 to $2025 has now become a demand zone and it will not be possible to continue the downward trend until gold closes below $2020! Still, the price of $2032 is a key level for us! This analysis will be updated soon!
(This Post on TradingView)
Author : Arman Shaban
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