As we can see in the weekly gold chart, the price has entered a compression range since mid-April 2020, and since then it has been fluctuating in a descending triangle pattern, and the price is compressing ... range 1676 to 1740 is a very important static support range. If this support is lose , the price can re-enter the 1500$ channel ... If the price can break its dynamic resistance, we can expect to climb to the highest historical price of gold which is 2070$ ... Let's see what would be happen ... 
XAUUSD XAUUSD
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 25.Sep.2021
⚠️(DYOR)
XAUUSD XAUUSD⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 25.Sep.2021
⚠️(DYOR)
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Join me for more Free Signals and New Analyzes In the Public Channel :
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ Contact Me : t.me/ArmanShabanTrading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.