By re-examining gold in the 4-hour time frame, we see that the price, yesterday after the last analysis that we posted and the demand range that the price had entered, As we expected, the price had a positive reaction to this level and the price managed to grow from $1908 to $1915 yesterday! Today, with the announcement of the CPI statistics, the price of gold first faced a drop in order to collect liquidity and complete purchase orders, and by correcting to $1906, it was able to come back with the buying pressure and up to this moment, it was able to grow up to $1914. If the price can stabilize above this demand level , we can expect the price to grow up to $1918.5 as the first target! Previous analyzes are still valid!
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Best Regards , Arman Shaban