Gold Analysis – 28.May.2024

Gold Analysis – 28.May.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By examining gold in the 2-hour time frame, we observe that the price started to grow exactly as expected until it filled its important FVG. However, after entering this range, we noticed that gold experienced a decline and managed to decrease by more than 180 pips to $2340! Currently, the price is trading around $2345 and is likely to follow a small upward movement before another decline. The potential targets for this decline are $2340, $2335, and $2325 !
(This Post on TradingView)

Author : Arman Shaban
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