Short

⭐️ XAU/USD - $GOLD is going to fall again ? (READ THE CAPTION)

Updated

By checking the gold chart in the 1-hour time frame, we can see that according to the latest analysis, the price was able to fall from the level of $2393 to $2369 and bring us more than 230 pips of profit! After that, the price was fluctuating in the same range. This morning, with the announcement of Israel's attack on Iran, gold was accompanied by a strong growth and increased to $2417, and after the regional tensions subsided, gold began to fall again. and it is currently trading in the range of $2373! If the price can stabilize below 2379$, we can expect more fall from gold!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

Note

Please comment your opinion on what price you think gold will close tonight ?

Note

Gold is moving towards the supply range of $2395! Observe the price reaction to this levels: $2395, $2407 and $2410!

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Now the price is in the range of $2395 ! (First Supply Range)

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Just Look at the reaction to this supply zone :

What will happens in the coming week ? STAY TUNED for more !

Note

estimated yield for this week on SHORT position is : +350 Pips (min) to +800 pips (Max) ! WILL BE UPDATED SOON

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First Target reached ✅ +400 Pips till now ! this was amazing , isn't it ? now let's have a review on what happens to gold today (fundamentally) and in the end you can check out the updated chart !

• Gold prices have taken a little dip, down 1.8% to $2,351.6 per ounce.

• The reason? The Middle East is looking a bit more peaceful these days, so people aren’t rushing to buy gold as much.

• Not too long ago, gold was the star of the show because of some serious tension between Israel and Iran, and it even hit a record-breaking price of $2,448.8 on April 12.

• But now, with Iran playing it cool after an Israeli missile attack, gold’s glamour has faded a bit, and it’s trading below $2,400.

Trade closed: target reached

the total yield of this analysis so far is more than 1000 pips! ✅✅✅
I hope you have made the most of it! ALL CLOSED !

ArmanShabanTrading

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