Long

XAUUSD Weekly Time Frame Analysis $GOLD

As you can see, according to the latest Gold Weekly analysis, the price had entered an important Bullish Order Block and we expected this range to prevent gold from falling further. In the last 2 weeks, when the price entered the $1690 range, it faced a positive reaction and this Orderblock was finally able to stop the heavier fall! In this week, if the weekly candle closes above $1730, we can expect a new upward trend in the price, whose mid-term target can be in the range of $1800 to $1830! I hope this analysis was useful for you!

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👤 Arman Shaban : ArmanShabanTrading
📅 09.12.2022
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