Short

🔥 XAU/USD - Another Fall Ahead ? What's the targets ? (READ)

Updated

By checking the gold chart in the daily time frame, we can see that after the price started to fall from $2063, it finally entered the desired FVG and corrected until $2013! After this incident, the price was accompanied by the demand and the geopolitical currents in the region came to the aid of the bulls and they were able to raise the price again to $2062! After the price reached this range, as you can see, it faced more selling pressure and managed to correct up to $2038! If the price stabilizes below $2046 in the daily time frame, we can expect a further drop from gold, whose possible targets will be $2035, $2029, $2014, and $2000, respectively!

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

Note

$2035 Reached ! ✅

Note

sell Position in $2049
SL : $2052
First TP : $2046 ... !

Trade closed: target reached

$2035 Reached ✅
$2029 Reached ✅✅
$2025 Reached ✅✅✅

It's Still Valid and Will be Updated Soon ! Cheers

Note

By checking the gold chart in the daily time frame, we can see that the price started to fall based on yesterday's analysis and hit the targets of $2035 and $2029, and by breaking this important level, it was able to fall even until $2018! The efficiency of this analysis has been more than 200 pips so far, and if the price penetrates and stabilizes below $2014, we will probably see a further drop even to levels below $2000!

ArmanShabanTrading

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