Gold Analysis – 30.Jul.2024

Gold Analysis: By analyzing the gold chart in the 2-hour timeframe, we can see that, as expected, gold started to rise and hit the targets of $2394 , $2400 , and $2404 , and even managed to reach $2411! Currently, gold is trading around $2404. We might see a short correction soon, and if the price stabilizes above $2400, we could witness further growth in gold. Given that we are approaching the closing hours of the New York market, it’s better not to make any significant trades and wait until tomorrow to follow the next trend. I hope you made the most of today’s analysis!
(This Post on TradingView)

Author : Arman Shaban
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