🔥 XAU/USD - Trading Range ? (READ THE CAPTION)
By examining the gold chart in the daily time frame, we can see that the price was able to fill about 70% of this liquidity void with the fall that was marked into the FVG, and considering that gold had reached a psychological support ($2001), It is possible that the price will stay in this range here for a while and have a neutral trend and then start its next move! I still think that gold has more room to fall (up to 1997$), but it may temporarily move upwards to fill the new liquidity void created by it fall ! My view is still bearish, but in order to get another SELL position, my preference is to see the price of higher targets first, and then enter the supply ranges that I mentioned in the previous analysis and enter into the Trade with the right trigger! I hope this analysis is useful for you!
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
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
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