Gold Analysis – 26.Nov.2024
Gold Analysis: Analyzing the #Gold chart on the 4-hour timeframe, we can observe that yesterday, following the announcement of a potential ceasefire between Lebanon and Israel, gold experienced a significant drop, correcting by over 800 pips down to $2,605. This sharp decline created a major liquidity gap, which I anticipate will likely be filled as prices recover soon. Additionally, today we have the critical CB Consumer Confidence data release, which could significantly impact the market and trigger high volatility. Be cautious with your trades and manage your risk effectively!
(This Post on TradingView)
Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :
– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram
