By re-examining gold in the 4-hour time frame, we can see that according to previous analyzes, as we expected, the price made its upward movement and was able to hit the $1930 and $1932 targets! Today, we will have the important news of ADP Non-Farm Employment Change and Prelim GDP q/q, which will have a high impact on the market and we will see heavy fluctuations! Due to this, the possibility of stop hunt movements to collect liquidity will be high! The important Supply ranges will be $1936 to $1938.5, $1942 to $1947, $1954 and $1963 respectively! The important Demand ranges are $1924.5, $1917.5 and $1904 respectively!
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Best Regards , Arman Shaban