XAUUSD : IMPORTANT TA , READ the Caption
GOLD UPDATE : Still on the gold chart, I specified my opinion is still Bearish and its possible targets marked on the chart! Please note that today, as it is the first day of week, the market does not follow a particular trend, but the important levels mentioned in the current and previous analysis are valid!
Previous Analysis : By examining gold in the 4-hour time frame, you can see that the price finally managed to hit all its important upward targets (Final Result is +520 Pips ✅) , and by collecting liquidity above $1668, it faced heavy selling pressure and corrected to $1644! According to the price trend, I expect further correction, and according to the analysis of the previous week, the price may soon move towards the liquidity pool of SELL STOPS below the price of $1615, if this happens after collecting liquidity below this level. We will probably face a temporary price pump, the range of this liquidity pool is from $1615 to $1606! The new Bullish Order Block is in the range of $1617.5 to $1627.5!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 10.24.2022
⚠️(DYOR)
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Previous Analysis : By examining gold in the 4-hour time frame, you can see that the price finally managed to hit all its important upward targets (Final Result is +520 Pips ✅) , and by collecting liquidity above $1668, it faced heavy selling pressure and corrected to $1644! According to the price trend, I expect further correction, and according to the analysis of the previous week, the price may soon move towards the liquidity pool of SELL STOPS below the price of $1615, if this happens after collecting liquidity below this level. We will probably face a temporary price pump, the range of this liquidity pool is from $1615 to $1606! The new Bullish Order Block is in the range of $1617.5 to $1627.5!
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 10.24.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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