Gold today's analysis (08 Jan, 2024).
Gold has almost completed its recent downward move. Now retractement is aspected. Fisrt sell opertuinity is 2029 (1H order block and also a structural resistance) and second selling opertunity in case of deep retracement is 2045. At this point 1H supply zone. Additionally, price will enter in premimum zone. Drop from this point may lead to another break of structure.
Hope you will avail the opertunities and let me know how this analysis is fruitful for you. Thanks
Hope you will avail the opertunities and let me know how this analysis is fruitful for you. Thanks
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