ArmanShabanTrading

Gold Price Surge: Reaching Targets and Aiming Higher Above $2333

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
By re-analyzing the gold chart on the 4-hour time frame, we can see that, as expected, gold started to rise and hit the targets of $2329 and $2332. Now, gold is trading around $2331, and we need to wait for a price consolidation above $2333 to confirm further growth. The next targets for #gold are $2337, $2344, $2348, $2352, and $2356.

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Comment:
By re-analyzing the gold chart on the 4-hour time frame, we can see that, as expected, gold started to rise and hit the targets of $2329 and $2332. Now, gold is trading around $2331, and we need to wait for a price consolidation above $2333 to confirm further growth. The next targets for #Gold are $2337, $2344, $2348, $2352, and $2356 respectively.

Comment:
Correction : As you can see, gold has started to rise again exactly as we expected and hit the target of $2337! Yesterday, we saw gold reach the targets of $2329 and $2332, and today it has hit the next target of $2337. After reaching this significant level, gold faced some selling pressure and is currently trading around $2329. After a minor correction, we will likely see increased demand for #gold and further growth to higher levels. The next targets are $2344, $2348, $2352, and $2356, respectively!

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