By examining the gold chart in the 2-hour time frame, we can see that the price on Friday, after growing up to $2320, faced a heavy selling pressure and fell from $2320 to $2277, that is, more than 420 pips of yield! Finally, gold closed at $2301 on Friday, and today we saw gold grow again to $2324. Now, as I indicated on the chart, gold is in the supply range of $2319.5 to $2328, and if the price cannot reach Above this level, we can expect more fall from gold, whose possible targets are $2312, $2303 and $2290, respectively!
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Best Regards , Arman Shaban
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Best Regards , Arman Shaban
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The price fell to $2314 and then it was again accompanied by demand and penetrated above the level of $2328 to collect liquidity, but immediately the price was accompanied by a fall and has fallen from $2330 to $2323 at this moment, other assumptions of the previous analysis They are still valid!Trade closed: target reached
GOLD just hit the $2312 target ! ✅
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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.