🔴 XAUUSD : Bearish ?

As you can see, the price was accompanied by the second scenario and, as I expected, penetrated above $1998 to collect liquidity and recorded the highest number of the past year, namely $2009! If the daily candle stabilizes below the range of $1988 to $1998, we can expect a correction to $1928 as the first target, otherwise, seeing the price of $2070 is not far from expected!

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
📅 03.20.2023
⚠️(DYOR)

❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️

Kommentera:

+150 Pips So Far ✅

Kommentera:

+250 Pips So Far ✅

Trade stängt: målet nått:

+700 Pips So Far ✅

Kommentera:

By checking the gold chart, we can see that exactly according to the previous analysis 2 days ago, the price faced a further drop and up to this moment it has managed to drop more than 70 dollars, and the lowest price recorded so far is $1934, according to the previous analysis the first bearish target was 1928. , But considering that we have the Federal Reserve meeting today and the possibility of interest rate increase, we should be more careful with our trades , preferably don't trade today! I hope you have made the most of this analysis! Cheers 🍻

Kommentera:

Ready for 2070$ ?