Gold Analysis – 25.Mar.2024
Gold Analysis: With the new review of the gold chart in the 1-hour and weekly time frame, we can see that after the price was able to grow up to $2180 and hit the first two targets, it was accompanied by a price correction and corrected to the demand level of $2156 to $2159 and then It was accompanied by demand again and we saw its growth up to $2178! The total efficiency of this analysis has been more than 300 pips and I hope you have made the most of it! If the price stabilizes above $2165, we can expect more growth from gold, whose possible targets are $2173, $2180, $2183, and $2203 (SHORT TERM SCENARIO) , respectively! If the price moves and penetrates below $2146 in the weekly time frame, we can expect price correction in the mid term!
(This Post on TradingView)
Author : Arman Shaban
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