Gold Analysis – 21.Jun.2024

Gold Analysis – 21.Jun.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By examining the 4-hour chart of #gold, we can see that after a 70-pip correction down to $2332, the price experienced renewed buying pressure. According to the initial analysis (, it made a significant upward move, hitting the next target at $2348. However, this was not the end of the bullish trend for gold. This precious metal managed to rise further to $2368. Notice that with this increase, gold nearly filled the entire liquidity void (LV) in the range of $2369 to $2293. Currently, it is close to a significant bearish order block ($2369.7 to $2388). Keep an eye on the price’s reaction to this zone!
(This Post on TradingView)

Author : Arman Shaban
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