XAUUSD : ISM Manufacturing PMI effect

As you can see, after reaching $1630, the price had a positive reaction and did not go to the next targets! After the growth that the price had up to $1656, it faced a negative reaction (it was marked as Supply Zone on the chart)! With the announcement of the ISM Manufacturing PMI statistics, gold has faced a further fall and we must wait for the stabilization of this 4-hour candle to determine the next trend!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.01.2022
⚠️(DYOR)

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