SasanSeifi 💁♂🟡GOLD Long-Term Outlook
Updated
XAUUSD As you can see, after an uptrend and a new high, the price faced a correction from the 2146 range due to the liquidation of buyers. After the correction, the price rebounded slightly from the 1973 range but failed to stabilize above the 2081 liquidity range and saw another range and correction. Currently, the trend is stuck in a range.
In the long-term view, I expect the price to continue to correct to the SELL-SIDE LIQUIDITY 1985 / 1973 range after ranging and consolidating below the 2000 range. In case of correction, we need to see how the price reacts to better understand the continuation of the trend. Additionally, if it faces demand and can consolidate above the important 2075 range, the corrective scenario will be invalidated.
In the long term, the target correction ranges are 1950 / 1933, but currently, we are moving forward with the step-by-step chart.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
In the long-term view, I expect the price to continue to correct to the SELL-SIDE LIQUIDITY 1985 / 1973 range after ranging and consolidating below the 2000 range. In case of correction, we need to see how the price reacts to better understand the continuation of the trend. Additionally, if it faces demand and can consolidate above the important 2075 range, the corrective scenario will be invalidated.
In the long term, the target correction ranges are 1950 / 1933, but currently, we are moving forward with the step-by-step chart.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Note
TP: 1985✅
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