We are approaching the last days of the year and soon the annual gold candle will be closed! Last year, the lowest price of gold (Low) was $1,614 and the highest price (High) was $2,070, but finally the 12-month or one-year candle closed at $1,823! In 2023, the price of gold recorded the lowest price (Low) of $1804 and managed to record the highest historical price (ATH) by reaching the price of $2146! At the moment that I am writing this to you, gold is trading in the range of $2070 And I would like you to tell me what price you think gold will close in the next 2 days and 8 hours, and share your prediction of the possible trend of gold in 2024 in the comment section below !
Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.
Best Regards , Arman Shaban
Trade ist aktiv
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the 12-month (one-year) candle will close today, and we will finally see the end of the Trading Year 2023! I hope that the past year was one of the best years of your work in this profession and the year 2024 will be the best year for all of us and we will grow together. Thank you for being by my side for 3 years and together we were able to create such a big community with more than 28K followers in TradingView, thank you for your constant support!
It looks like this year's candle is a breakout candle, but a retest of the 1900s levels are likely before further growth to new highs. I expect gold to close at 2060 by the end of the year.