XAUUSD 4H TA : 10.05.22 (Update)

Well, as you can see, the price managed to grow up to $1729.59, and then, as we expected, it faced selling pressure by reaching THE Bearish Order Block and managed to drop the price to $1703! We have to see how the price reacts to the current support level today, because if the support is lost in the range that I said in the previous analysis, we can expect a further drop to the lower levels, i.e. $1676! But the first priority is to see how the price will react to its current support level! Because in this case, it will collect liquidity above $1735 and then more fall ! So be careful!

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
📅 10.05.2022
⚠️(DYOR)

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

Transaction en cours

Trade fermée: cible de profit atteinte: