XAUUSD|DAILY ANALYSIS AND NEXT MOVEMENT
Updated
Hello friends, I hope you are doing well.
We have gold chart in 1 hour time frame.
Our prediction of the movement of gold in yesterday's analysis was quite accurate, I hope you benefited from it.
It is currently reacting to the 1-hour supply area for the second time. In the second move, it managed to register a new high, and this gives us the view that it can grow even more until the next supply area of the range (2035-2038).
Today we have the release of the FOMC data, be sure to set your trades with the appropriate loss limit and volume.
My suggested target after hitting the one-hour drop supply area and reaching the range of (2017-2019)
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 !
We have gold chart in 1 hour time frame.
Our prediction of the movement of gold in yesterday's analysis was quite accurate, I hope you benefited from it.
It is currently reacting to the 1-hour supply area for the second time. In the second move, it managed to register a new high, and this gives us the view that it can grow even more until the next supply area of the range (2035-2038).
Today we have the release of the FOMC data, be sure to set your trades with the appropriate loss limit and volume.
My suggested target after hitting the one-hour drop supply area and reaching the range of (2017-2019)
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 !
Trade active
Gold is also making higher highs and lows, and I give the possibility that for today, this area will no longer be able to prevent the growth of the gold price, and we should wait for the price to reach the next supply area (2038-2035).
Trade closed: target reached
Friends, pay attention to the supply and demand areas that I have specified on the chart in the analysis of the last two days.
With just a certain amount of experience and speed of action and intelligence and of course practice, you could enter buying and selling situations four times.
Only using supply and demand areas
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.