Gold Analysis – 29.May.2024

Gold Analysis – 29.May.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: By examining the gold chart on the 2-hour timeframe, we observe that after our last analysis today, the price first grew to $2346 and then experienced a significant drop to $2334. Overall, the return on this analysis has been over 290 pips so far. If the price can penetrate below $2330 and stabilize, we can expect a further decline to the next important level at $2310. The key demand zone is between $2277 and $2291 (Bullish Rejection Block). I hope this analysis is useful for you as well.
(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


Leave a Reply

Your email address will not be published. Required fields are marked *