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🔥 XAUUSD : Ready for Another FALL ? (READ THE CAPTION)

Updated

By examining the gold chart in the 12-hour time frame, we can see that according to the previous analysis, the price managed to grow up to $2007 and create a return of over 170 pips for us, but after that, this resistance range stopped the price from growing further. And as I mentioned in the previous analysis, the most important condition for further price growth is breaking and stabilizing above the 2010 level! But considering that the price is stabilizing and trading below $1,998, if the price cannot close above this level, we will see a further drop in gold, and we may see targets below $1,932 in this series! So consider the desired conditions and make a decision based on them! The first scenario of this analysis is the fall to the range of $1966, and the second scenario will be realized if the price stabilizes above $2010, whose upward targets were mentioned in the previous analysis!

Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.

Best Regards , Arman Shaban

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what price do you think gold will close at by tomorrow night ?

Trade active

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New Update Will be Posted Soon ! thanks for your paitence

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As you can see, based on the latest analysis, we see that the price is still trading below the range of $1995 to $2006! If the price stabilizes below this level, we will see a further drop in the price, and if gold can push itself above $2010 and stabilize, we will see the price rise to $2020 and $2040 as its Bullish targets!

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As you can see, we are approaching the closing hours of the market this week! Gold is in the supply range of $1995 to $2006 and we have to see if the price will be rejected from this level at the beginning of the new week or what ! As we said in the previous analysis, if the price moves above $2010 and stabilizes, we will see the growth of gold up to the targets of $2020 and $2040!

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Hey Guys , I hope you had a good weekend , let's get ready for new updates !

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By carefully examining the gold chart in the 12-hour time frame, we can see that the price closed at $2002.495 at the end of the last week. Please note that according to the previous analysis, I said that if the price can be stabilized below the range of $1995 to $2006 and is rejected from this area, we can see a further drop in the price, Otherwise, it is possible that the price will penetrate above the level of $2010 to collect more liquidity, and after that we can see the growth of gold up to the targets of $2020 and $2040 in the short term! The most important condition for gold to continue its bullish trend is breaking and stabilizing above $2010 !

Check ou the new drawings on the Next TA of !

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Well, well, well 😎 We saw that gold with a stunning growth finally managed to hit the 2010 $ target and even reach the 2019 $ range! This attractive growth, if it stabilizes the price above $2010, can increase the demand for gold, and we may soon see the growth of gold to higher targets such as $2040 and $2060! Wait for an interesting analysis of gold soon to predict its long-term trend! Don't forget to support us with your ❤️

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New Update : By examining gold in the 12-hour time frame, we see that the price is trading in the range of $2015 and we saw that the price managed to close above $2010 last night! Considering the price movement, I expect that soon we will see the price rise to higher targets such as $2020, $2040 and even $2066! As I mentioned in the previous analysis, the price was in a supply range and it was able to drop more than 70 pips from the same range, but it faced the demand pressure again and was able to record the price of 2018$ until this moment! This analysis will be updated again!

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Note that the new support for gold is the range of 2012$, if it loses this support, it can fall more! As long as the price is above this level, our view will remain bullish!

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$2020 Target Reached , Finally ✅

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Omg , Gold Reached $2023 ! ✅

Trade closed: target reached

ALL Bullish target Reached : +1200 Pips ✅

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Hey Guys , We have an Important Update for : As you can see, the price of gold is still trading above the range of $2035, and with the news that is in front of the market today, we are likely to see a strong movement and determine the next trend! If today's Unemployment Claims statistics are lower than the expected rate and the Core PCE Price Index m/m is higher than the expected rate, it can cause gold to fall, And if the opposite of this happens, we will probably see the growth of gold to levels above $2060! So it is important to see how the possible trend will accelerate with the published statistics! The previous analysis is still valid (must be read)

ArmanShabanTrading

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