Gold Analysis : More Fall to $1933 ? (08.Nov.2023)

GOLD Analysis : As you can see, the price faced selling pressure after reaching the resistance of $1970 (I talked about this zone in the Video that i posted on YouTube last night) , and it has been able to correct the range of $1959 until now. If the price manages to stabilize below this level (1970) , we will probably see a further drop in the price to lower levels, the possible targets of which will be $1953, $1933, $1920 and $1909! Note that the assumptions of the previous analysis are still valid!
(This Post on TradingView)

Author : Arman Shaban

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