XAU/USD : Ready for LONG? (READ THE CAPTION)
Based on the 4-hour gold chart analysis, we observe that the price followed the second scenario from the previous analysis. Failing to break and hold above $2662, it experienced a deeper pullback, correcting down to $2625. Currently, gold is trading around $2633, and if it manages to hold above $2626, we can expect further upside potential. The possible targets for this upward movement are $2638, $2647, and $2656.
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
Note
$2638 Reached
$2647 Reached
Trade active
Gold followed our expectations perfectly, showing an impressive rally and hitting the targets of $2638 and $2647, yielding a gain of 160 pips! After reaching the second target, gold retraced to $2615, where it encountered renewed demand, pushing the price back up. Currently, it’s trading around $2648.
This bullish momentum may continue, so keep an eye on the price reaction within the $2656 to $2666 range! Further updates will follow.
Trade closed: target reached
📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
⚜️Join our VIP Channel : t.me/ArmanShabanTrading
⚜️ My Contact : t.me/ArmanShabanTrading
⚜️Join our VIP Channel : t.me/ArmanShabanTrading
⚜️ My Contact : 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.
📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
⚜️Join our VIP Channel : t.me/ArmanShabanTrading
⚜️ My Contact : t.me/ArmanShabanTrading
⚜️Join our VIP Channel : t.me/ArmanShabanTrading
⚜️ My Contact : 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.