Long

🟢 $GOLD : The Price Will see 1930$ again ? (READ THE CAPTION)

Updated

As you can see, based on the latest price analysis, after the corrections in the specified supply levels, it again faced buying pressure by entering the demand range that we specified, and today it managed to trade above the level of $1923 and record a new HIGH at the price of $1926 ! By stabilizing the price above $1917, I expect the price to move towards its next target, i.e. $1930 and $1932! I hope you have made the most of last week's analysis and i wish this week we will have another awesome week together! 🥂
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Trade active

Note

Activating LONG as long as we're above of 1917$ level !

Note

Well, as you can see, with the temporary stabilization of gold above 1917$, gold managed to grow again to 1926$ today, and after that, it has corrected again! We have to see if the price can move towards the targets above $1930 with today's NEWS or if we have to see a drop below $1904! This analysis will be updated!

Trade closed: target reached

1930$ Finally Reached ✅

Note

NEW Update : By re-examining gold in the 4-hour time frame, we can see that according to previous analyzes, as we expected, the price made its upward movement and was able to hit the $1930 and $1932 targets! Today, we will have the important news of ADP Non-Farm Employment Change and Prelim GDP q/q, which will have a high impact on the market and we will see heavy fluctuations! Due to this, the possibility of stop hunt movements to collect liquidity will be high! The important Supply ranges will be $1936 to $1938.5, $1942 to $1947, $1954 and $1963 respectively! The important Demand ranges are $1924.5, $1917.5 and $1904 respectively!

Note

If stabilizes below $1945, it will probably see $1940 soon! Keep an eye on 1 min tf and 5 min tf)

Note

NEW Forecast of : By examining gold, we can see that after moving to the next liquidity pool ($1947), the price was accompanied by a correction and fell to $1938! Currently, the price is trading in the range of $1945 and it is likely to move towards the next liquidity pool, i.e. $1955! We have to see what trend the price will take with the announcement of NFP statistics!

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