✏️ $GOLD : Important Weekly TA (READ THE CAPTION)

2 août 2023

By examining gold in the weekly time frame, we can see that the price after falling to $1893 was again accompaind with growth and was able to grow up to $1988! Pay attention that the range of $1977 to $2016 is a very important supply range! For this reason, in the last 3 weeks, the price is showing a negative reaction to this level! It is very important to determine the long-term trend of breaking or stabilizing above $1946! As long as the weekly candle closes above $1946, we can expect price growth! Otherwise, and the break of $1946 and stabilization of the price below it, we can expect a drop to $1934 as the first weekly bearish target! This analysis will be updated again!
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Best Regards , Arman Shaban

2 août 2023

Transaction en cours

3 août 2023

Note

As you can see, according to the previous analysis, all the announced targets were hit and the price is currently trading in the range of $1935! If the price stabilizes above this level, we will probably see an upward movement to fill the liquidity gap (FVG) in the range of $1939 to $1944! Otherwise, the next falling targets are $1928, $1920, and $1913, respectively!! Total Result : +380 Pips ✅

4 août 2023

Note

Ready for the NEW Update ? See the latest TA !

11 août 2023

Note

First Target Reached and By examining gold in the weekly time frame, we see that based on the latest analysis, we expected that if the weekly candle stabilizes below $1946, the first weekly target will be $1934, which was hit and we saw lower prices! Now, as long as the price is trading below $1946, we will expect a further drop in the price in the medium term! The next mid-term BEARISH target will be $1893! After that, this analysis will be updated!