Gold Spot / U.S. Dollar
Short
Updated

XAU/USD: Gold Will Fall ? Let's See (READ THE CAPTION)

1265
By reviewing the latest #Gold chart on the 6-hour timeframe, we can see that the price has dropped over 230 pips since last night, and as expected, we're starting to see the first signs of a price reversal on the chart! A large Fair Value Gap (FVG) between $2465 and $2486 was created on Friday with the price surge, and I expect this gap to be filled soon. Keep a close eye on how the price reacts to the levels of $2486, $2480, $2473, $2468, and $2463.3.

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban

((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Trade active
Update: #Gold reached the $2486 level as expected, and then surged powerfully with a spike up to $2504, delivering a 180-pip gain. Keep an eye on further movements as we monitor how the price develops from here.

snapshot

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.