By examining gold in the 2-hour time frame, we see that the price continued to fall and has fallen to $1890 so far! As you can see, there is an important level of demand in front of the price, which caused the collecting the liquidity and the price to break below this zone 40 days ago! Now that the price is approaching the zone of $1883 to $1888, I expect that the price will experience an upward correction from this range , and probably the first target of this rise will be $1895! Be careful of the gold stop hunting movements in this range and if you see a positive reaction, don't think that the whole trend has changed , because my mid-term view is still bearish and I think we will see the target of $1851 soon !
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Best Regards , Arman Shaban
Don't Forghet To Push The Boost (Like) Button and Follow Me for more !
Best Regards , Arman Shaban
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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.