✏️ $GOLD : Bullish or Bearish ? (READ THE CAPTION)

17 juil. 2023

By re-analyzing gold in the 2hour and 30min time frames, we see that today price attacked the liquidity pool below $1951, and By collecting the desired liquidity, it is continuing to grow again and is currently trading in the range of $1953 with a growth of 30 pips! We have to see if the price can maintain itself above this level and go for higher targets or not! Currently, the possibility of falling to fill the liquidity void is still high from $1933 to $1950! We have to wait for a new HIGH or LOW to be recorded in the London session and then follow the trend with the start of the New York session!

The Main Analysis :

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Best Regards , Arman Shaban

18 juil. 2023

Note

By checking the gold chart, we see that yesterday, after the analysis we presented, the price first rose to $1959, and then it was accompanied by a correction and was able to fall to $1945! As you can see, the price from $1945 was accompanied by renewed buying pressure and it was able to grow up to $1972! As I mentioned in the previous analysis, the range of $1973 was an important liquidity pool, but the price has not been able to record a price higher high than $1973 and we have to wait and in the next few minutes we can see that the price can finally enter this liquidity pool or it will be rejected from this area!