Gold Analysis – 28.Jan.2025
Gold Analysis: By analyzing the 4-hour gold chart, we observe that, as expected, the price continued its decline following our analysis, successfully hitting all three targets at $2756, $2751, and $2747. Ultimately, gold dropped to $2730, achieving a 280-pip return since yesterday! Currently, gold is trading around $2747, and I expect this upward movement to continue at least to $2752 to fill the liquidity gap caused by the decline. Keep an eye on price reactions at the levels of $2752, $2764, and $2772!
(This Post on TradingView)
Author : Arman Shaban
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