Gold Analysis – 27.Jan.2025
Gold Analysis: Analyzing the gold chart on the 4-hour timeframe, we observe that in the last trading day of the previous week, before attempting to establish a new high, the price faced a correction from the $2786 level and has since declined, reaching as low as $2747. Currently, gold is trading around $2761, and if the price stabilizes below $2780, we can expect further corrections. The potential targets for this decline are $2756, $2751, and $2747, respectively. This analysis will be updated soon!
(This Post on TradingView)
Author : Arman Shaban
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