Gold Analysis – 21.Dec.2023

Gold Analysis: By re-examining the gold chart, we can see that yesterday gold managed to fall to $2027, and after that, with its fluctuations in the range of $2023, it finally caught up with the demand And it was able to move to the next supply level that I specified ($1945 to $1948)! After entering this zone, the price faced selling pressure and is currently trading in the range of $2042! According to the trend that the price has taken, if the price penetrates and stabilizes above $2047, we may see the growth of gold to higher targets such as $2056 and $2071! This analysis will be updated with new scenarios!!
(This Post on TradingView)

Author : Arman Shaban

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