Gold Spot / U.S. Dollar
Updated

GOLD for this week 2/4/2024๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž

619
Hello to all traders. ๐Ÿ˜Ž๐Ÿ˜Ž
I hope all your deals will hit their targets. ๐ŸŽ‰๐ŸŽ‰
My analysis for gold in the new week is one of two paths, blue or green. The most important range to confirm each of these routes is the gray range (2027.7 to 2031.7). If this range is maintained, we can consider the blue route๐Ÿ”ต๐Ÿ”ต for the coming week. But if gold can't maintain the gray range, it will go the green way๐ŸŸข๐ŸŸข and the price will easily fall heavily and it can even go below $2000.

Tip โœจโœจโœจ: It is also possible that gold will fall to the range of 2005 and be supported by that range and move upwards with strength. But in my own opinion, I am more aware of the gray area that I can enter into the transaction from any direction. If I can find a suitable position in the lower time frame, I will definitely post it for you

Don't forget that this is just an analysis to give you an idea and trade with your own strategy. And don't forget the stop loss๐Ÿ›‘๐Ÿ›‘๐Ÿ›‘
โค๏ธโค๏ธโค๏ธThe only friend you have in financial markets is your stop lossโค๏ธโค๏ธโค๏ธ

Please support me with your โœ…' like'โœ… and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ๐Ÿ™๐Ÿ˜Š

Be Happy , Ali Jamali
Trade active
Which one? Green or Blue?? I hope green ๐Ÿ˜Ž๐Ÿ˜Ž
Note
Once again we are testing the gray range. You can enter the short position from the same range for lower goals. The first target is 2015 and the second minimum is 2012 and then 2005
Trade active
Trade active
The new week has started and now there is no power to increase the price of gold. It seems that we can continue the green path
Trade active
Trade active
wow what a candle??
We started from the green path and almost reached our target. This analysis has almost reached its target point and I need to publish a new analysis of gold, which I will do tomorrow
Trade closed: target reached
we reach our green way taarget๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

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