🔥 XAUUSD : It's a Hard one , BULL or BEAR this time ?

Updated

By carefully examining the gold chart in the 12-hour time frame, we can see that the price closed at $2002.495 at the end of the last week. Please note that according to the previous analysis, I said that if the price can be stabilized below the range of $1995 to $2006 and is rejected from this area, we can see a further drop in the price, Otherwise, it is possible that the price will penetrate above the level of $2010 to collect more liquidity, and after that we can see the growth of gold up to the targets of $2020 and $2040 in the short term! The most important condition for gold to continue its bullish trend is breaking and stabilizing above $2010 !

Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.

Best Regards , Arman Shaban

Note

Wow , $2010 Target Reached , The Price Almost hit the $2020 Target Too ! Let's do an Update on GOLD !

Note

Well, well, well 😎 We saw that gold with a stunning growth finally managed to hit the 2010 $ target and even reach the 2019 $ range! This attractive growth, if it stabilizes the price above $2010, can increase the demand for gold, and we may soon see the growth of gold to higher targets such as $2040 and $2060! Wait for an interesting analysis of gold soon to predict its long-term trend! Don't forget to support us with your ❤️

Note

Dear friends, gold is still trading in the range of $2012 and is trying to stabilize itself above $2010! Pay attention that the price is close to an important supply range and it can be rejected from this level, but for now our short-term view on gold is still bullish unless proven otherwise!

Note

New Update : By examining gold in the 12-hour time frame, we see that the price is trading in the range of $2015 and we saw that the price managed to close above $2010 last night! Considering the price movement, I expect that soon we will see the price rise to higher targets such as $2020, $2040 and even $2066! As I mentioned in the previous analysis, the price was in a supply range and it was able to drop more than 70 pips from the same range, but it faced the demand pressure again and was able to record the price of 2018$ until this moment! This analysis will be updated again!

Note

$2020 Target Reached , Finally ✅

Note

Omg , Gold Reached $2023 ! ✅ Did you get that ?

ArmanShabanTrading

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