✏️ $GOLD : Bull or Bear ? Comment your Idea (READ THE CAPTION)
Updated
NEW Forecast of 
GOLD : As you can see, on yesterday price was corrected by 50 pips from the price that was analyzed to the range of $1922, but the price could not stabilize below this range and again faced a demand pressure , and up to this moment it has managed to grow up to $1935. Considering the various Gaps that have been created because the price growth from $1901 to $1935, I expect that these Gaps will be filled in the short term, but probably for this price heavy fall , it will require a lot more of liquidity, which can move the price to higher levels! 2 important supply zones are from $1935 to $1939 and $1950 to $1955, respectively!!
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GOLD : As you can see, on yesterday price was corrected by 50 pips from the price that was analyzed to the range of $1922, but the price could not stabilize below this range and again faced a demand pressure , and up to this moment it has managed to grow up to $1935. Considering the various Gaps that have been created because the price growth from $1901 to $1935, I expect that these Gaps will be filled in the short term, but probably for this price heavy fall , it will require a lot more of liquidity, which can move the price to higher levels! 2 important supply zones are from $1935 to $1939 and $1950 to $1955, respectively!!Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
Note
Looking for the right trigger for SELL !Note
+59 pips so farNote
NEW Forecast of GOLD : Well, as you can see, gold was able to correct from the first supply zone that I specified by falling more than 90 pips to $1928! $1928 was one of the important Demand Zones that the price showed a positive reaction when it reached it and was able to increase the price up to $1932! It is very important to stabilize the price below $1933.5 to continue the downward trend! Otherwise, if the price does not stabilize below the mentioned level, we may see the price rise again to above $1940 in order to collect more liquidity! At the same time, among the very important demand zones , we can mention $1919 to $1921, and with the right trigger, you can enter a BUY position in this range! This analysis will be updated!Note
The Price Reached to 1940$ and now trading in the range of 1943$ , ready for Sell in the next Supply Zone ? 1950$ to 1955$ is one of a kind , keep an eye on it !Note
+200 Pips so far ! cheersNote
ImportantUpdate of GOLD : By re-examining gold, we can see that the price managed to grow to $1947 yesterday, after the growth it experienced from $1928, And after that, by entering the Modified Order Block, it was accompanied by a further drop before increasing to $1953 to gathering more liquidity , And realized the bearish view after a growth to collect liquidity ! We have to see if the price can fall to the range of $1901 to $1910 or not, if this happens and the price stabilizes above $1910, we can look for a trigger for a small upward correction And after that, we can plan and make a scenario for the continuation of the Bearish trend and possible targets below $1900! Note
Ready for new TA ?Note
NEW Forecast of GOLD : As you can see, the price fell to $1914 and after that it was able to grow up to $1928! The range of $1924 to $1929 is one of the supply ranges, and if the price stabilizes below this level in the 4-hour time frame, we will probably see a further drop in the price! Note that we still have a liquidity void in the range of $1931 to $1945, which we expect to be filled in the short term! Among the attractive and important supply zones, we can mention $1941 to $1947!
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NEW Forecast of GOLD : By examining gold in the 4-hour time frame, we can see that according to the latest price analysis, it had entered an important supply range, which reacted negatively to it and managed to stabilize below this level in the last week and even corrected up to $1921! Now the price is retesting this range, and if it closes below this important zone, we can expect a drop to lower levels, and the first bearish possible target will be $1914! Other assumptions of the previous analysis are still valid!Trade closed: target reached
As you can see, after yesterday's analysis, the price dropped from the range we specified and hit the target of $1914! The efficiency of this analysis has been more than 170 pips so far ! ✅In the previous analysis, an important demand zone was mentioned, which was between $1901 and $1910, and today the price fell to $1910 and faced demand pressure and was able to experience a price correction up to $1914 again! Among the important supply zones , we can mention 1921.61 to 1927$!
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