#GOLD - The effect of WAR on the GOLD (v3) (READ THE CAPTION)
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GOLD Forecast on 19.Oct.2023 : By examining gold, we can see that yesterday the price managed to grow to the level of $1962 and after that it was accompanied by correction, but finally it was able to close at the price of $1947.8! Today's price is again trying to hit new highs , but the most important condition for this is to break and stabilize above $1962, because the entire range from $1947 to $1962 is a new supply zone ! The previous analysis is still valid! Based on the previous TA , the next possible targets will be $1962, $1988, and $2020, respectively!
From now on i'll send another chart in the below in 5min-tf and i'll show my perspective in the lower time frames !
Best Regards , Arman Shaban
GOLD Forecast on 19.Oct.2023 : By examining gold, we can see that yesterday the price managed to grow to the level of $1962 and after that it was accompanied by correction, but finally it was able to close at the price of $1947.8! Today's price is again trying to hit new highs , but the most important condition for this is to break and stabilize above $1962, because the entire range from $1947 to $1962 is a new supply zone ! The previous analysis is still valid! Based on the previous TA , the next possible targets will be $1962, $1988, and $2020, respectively! From now on i'll send another chart in the below in 5min-tf and i'll show my perspective in the lower time frames !
Best Regards , Arman Shaban
Note
GOLD hit the target of $1962 and is now trading in the range of $1985! I hope you have used the most of it!
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