sideway price accumulation!! XAU

Hi trader, Maria would like to share opinion: XAU/USD

As the threat of the Hamas-Israel war spreading across the entire region increases, the United States (US) and its allies are intensifying their efforts to quell the escalation. They are particularly concerned about the possibility of Iran becoming involved in the conflict, whether through direct intervention or by supporting Hezbollah, the Lebanon-based militia group. White House National Security Advisor Jake Sullivan emphasized on Sunday that the US cannot dismiss the potential for Iranian intervention.

Gold price assessment today: 16/10/23

LONG XAU area: 1902-1904
Close order: 1897
Area profit: 1908, 1915, 1922

scalping SHORT XAU area: 1924-1926
Close order: 1929
Area profit: 1921, 1918, 1915


Price accumulation

Good luck everyone $$$, Thank you everyone for reading MARIA's article
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