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!

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

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

📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT

⚜️ My Contact : t.me/ArmanShabanTrading

📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.