By analysing the THE gold's chart, we see that the price started to correct after reaching the OTE (Optimal Trade Entry for short position) which was in the range of $ 1857 (same as TP4) and is now trading in the range of $ 1840. Further correction is expected down to the $ 1830 to $ 1836 zone as the next target, In order to continue the uptrend, consolidation above $ 1833.7 is very important to us .
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 📅 06.17.2022 ⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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.