XAUUSD 2H & 4H TA : Bearish or What ?
Well, as you can see, the gold reacted negatively when it reached $1765, and the reason for this was that the price reached a Bearish Breaker Block (BBB) and at the same time the Equilibrium level (Fibo 50%), now the price is trading in the range of $1760 and We can expect a drop to $1750 to $1753 as the next price target! If there is a positive reaction and consolidation above this range, we can expect the price to return to $1762 , otherwise the next target will be $1742 to $1745 !
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 08.25.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 08.25.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.