✏️ $GOLD : New Week's Prediction of the Price (READ THE CAPTION)

NEW Forecast of GOLD : By reviewing the gold in the 4 -hour frame time, we see The price finally reached the bearish Target! The price came up with a demand pressure after reaching the demand zone that shown on the chart and has been able to grow up to $ 1916! But be careful that the price stabilization below $ 1919 to $ 1916 can make the price fall even more , And maybe this week we can see the Targets below $ 1900! Note that today we don't have specific news in the market!
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y examining gold in the 4-hour time frame, we can see that today's price finally managed to penetrate below $1900 and fall to $1897, and after that, the price faced heavy buying pressure again and managed to reach $1908 so far! Please note that my short-term view is still bearish and we have to wait for the price to stabilize! In order to continue the downward trend, stabilizing the price below $1911 is of great importance, and after that we can expect a drop to the liquidity pool below $1893! I hope you have used these analyzes in the best way!

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As you can see, gold faced selling pressure after reaching $1911, and today it was able to fall again to $1899! After collecting liquidity in the 15 minutes time frame , the price faced buying pressure again, and up to this moment, it is trading in the range of $1905 with 50 pips of growth! Now, if the price stabilizes below the range of $1905 to $1907, we will probably see the price enter the $1800 channel again! The important supply levels are $1905 to $1907 and $1911 to $1913 respectively! Demand levels and possible targets for this fall will be $1896, $1893 and $1880 respectively!

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#XAUUSD 5min tf 😉

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The of $1896 and $1893 targets were hit! I hope you have used the most of it!

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New Update : Tap to see the caption !

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