XAUUSD : 08.23.22 (Update)
Updating the last analysis , as you can see the price reacted positively to 1729$ and reached to 1744$ as the first bullish target , now we have to wait for another correction , the last analysis is still valid ! that was :
Well, we saw that on the last trading day of last week, the price could not even penetrate above $1759 and actually activated our bearish scenario and hit the $1744 target (Equilibrium), now the price is trading in the range of $1730, Among the appealing ranges for a possible BUY position, $1725, $1718.7 and $1713 can be mentioned , the price reaction to these levels must be monitored well !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 08.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Well, we saw that on the last trading day of last week, the price could not even penetrate above $1759 and actually activated our bearish scenario and hit the $1744 target (Equilibrium), now the price is trading in the range of $1730, Among the appealing ranges for a possible BUY position, $1725, $1718.7 and $1713 can be mentioned , the price reaction to these levels must be monitored well !
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
📅 08.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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