XAU/USD : More Fall Ahead? (READ THE CAPTION)

2024年12月27日

By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further declines. This analysis will be updated.z

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

2024年12月31日

交易進行

Here’s the final gold analysis for 2024! As you can see, after our previous analysis, gold experienced a sharp drop, delivering a 300-pip move down to the $2,596 zone. Currently, gold has recovered slightly and is trading around $2,614. Several supply zones lie ahead, including $2,620-$2,627, $2,632-$2,638, and $2,651.

Keep a close eye on price reactions to these levels and be prepared for further corrections.

To all traders, I hope you end 2024 on a high note, and I wish you all the best for the coming year!

7 天前

交易結束：目標達成

Analyzing the #Gold chart in the 4-hour timeframe, we observe that after our last analysis, the price corrected to $2605 and then experienced strong demand, pushing gold up to $2665. During its upward movement, the price reacted multiple times to the levels highlighted in the previous analysis, but buyers proved stronger than sellers, resulting in this impressive rally.

Currently, gold is trading around $2656. If the price stabilizes above $2650, we can anticipate further upward movement. However, if gold fails to break and sustain above $2662, a deeper correction might follow. Keep these scenarios in mind and stay tuned for an updated analysis!