Short

🔥 XAUUSD : First Long , Then SHORT (READ THE CAPTION)

Updated

With a more detailed examination of the price in the daily time frame, we can see that after the price was able to fall to $2009, it was accompanied by demand and up to this moment it was able to grow up to $2035! Also, the range of FVG is $2040 to $2072 in front of the price, which is likely to be filled in the short term! Then, if the price succeeds in stabilizing below $2072, we can expect another price drop, the possible targets of which will be below the $2000 level! This analysis will be updated!

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Best Regards , Arman Shaban

Note

Zone for sell : $2040 to $2044 (Keep an eye on it)
I'll let you know when it's activated !

Trade active

$2040 Sell Activated

Note

Result so far : +32 Pips , Cheers ✅

Trade closed: target reached

#XAUUSD ~ sell Position
TP1 Reached ~ +50 Pips
Please Close Half of the Position !

Note

#XAUUSD ~ sell Position
TP1 Reached ~ +50 Pips
TP2 Reached ~ +100 Pips
TP3 Reached ~ +150 Pips

Please Close All of the Position !

Trade closed manually

After the desired position was closed based on this analysis at the price of $2025, we saw that the price fluctuated in both upward and downward directions and is currently trading in the range of $2028, if the price to fill FVG goes to the range of $2040 to $2072, after that we can look for a trigger for a SELL position in the two ranges of $2040 to $2044 and $2070 to $2072! If this price decline continues, gold can correct to lower targets such as $1999, $1993 and $1986! These explanations are complementary to the original analysis and make sure you read the original analysis on the top !

This analysis will no longer be updated and new explanations will be placed in the new analysis

ArmanShabanTrading

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