Gold Analysis – 22.Jan.2024
Gold Analysis: By re-examining the gold chart in the 4-hour time frame, we can see that the price moved according to my expectations until its first upward target, i.e., $2032, and then again faced selling pressure and penetrated below $2020! Now, after collecting liquidity below this level, gold is experiencing an upward swing again, and as I said in the previous analysis, we must wait for simultaneous Break and stabilization so that we can determine the next trend! The price reaction to $2025 and $2029 should be monitored!
(This Post on TradingView)
Author : Arman Shaban
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