XAU/USD : Gold Will Fall ? (READ THE CAPTION)
Updated
By reviewing the 2-hour gold chart, we see that, as expected, gold entered the $2470 range and then experienced a sharp drop, correcting by 380 pips down to $2432! This was one of the most exciting analyses of the week. Currently, the price is trading around $2471, and we need to watch closely to see if it will get rejected again from the $2471 to $2477 range.
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The Main Analysis :
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
The Main Analysis :
Order cancelled
Gold has just reached a new all-time high, hitting $2,493.
#XAUUSD #GOLD
Note
Following the previous analysis, we observed that the price did not get rejected a second time from the $2471 to $2477 range. Instead, it has continued to rise, reaching $2500 as of now. This indicates that the previous analysis is no longer valid. Stay tuned for a new analysis on gold, which will be available soon!
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