Gold Analysis – 30.Jul.2024
Gold Analysis: Upon reviewing the 2-hour chart of #gold, we observe that yesterday’s price initially rallied, maintaining support at $2389 and rising to $2396. However, this was short-lived as gold faced selling pressure, correcting down to $2369. As highlighted on the chart, the $2365 to $2375 zone is a significant demand zone, where the price respected this support and subsequently rose to $2391. Currently, gold is trading around $2390, and I anticipate a short-term upward movement. The next target levels are $2394, $2400, $2404, and $2413. Other key levels are marked on the chart. (This analysis will be updated.)
(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
