✏️ $GOLD : Another Fall ? (READ THE CAPTION)
Updated
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!
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
Note
Looking for Trigger !Note
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 $1914 again! Among the important supply zones , we can mention 1921.61 to 1927$!Note
New TA : By examining the gold chart in the daily time frame, we can see that the price, with the strong Break it made yesterday, was able to penetrate below $1884 and cause a Break in Market Structure (BMS) , due to this incident and the downward trend that has been going on for about 4 months. I give the probability that the price will prepare itself for heavier falls to fill a series of old liquidity voids ! In front of the price, there are different demand levels that can cause positive reactions and create demand in the short term! The first and most important downward target is the range of $1859 to $1841! The reaction to this zone, especially the $1841 level, will be spectacular! If the price can move below $1805 in the medium term and stabilize below this range, we will probably see more falls in the market and the Possible mid-term and long-term gold bearish targets will be $1787, $1748, $1709, and $1642, respectively! Share this important analysis with your friends! This analysis will be updated every day!
📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
⚜️ My Contact : t.me/ArmanShabanTrading
Related publications
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.