ArmanShabanTrading |🔴 XAU/USD : Bull or Bear ? Let's See

By checking the gold chart in the 4-hour time frame, we see that the price is forming attractive trading setups! From the important levels of supply, we can mention 2003 to $2006.5, 2012 to 2017 , and 2038 to $2048! The important levels of demand are 1967$ to 1969$ respectively and the most important and attractive demand zone is between 1949$ to 1960$ (to be considered)! All these zones are marked on the chart!

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
📅 04.20.2023
⚠️(DYOR)

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

Transaction en cours

Commentaire:

As you can see, based on yesterday's analysis, after the announcement of Unemployment Claims, the price entered the Great Supply Zone (2012$) and faced a heavy fall from the same range and was able to correct it up to 1981$! The efficiency of this analysis has been more than +300 pips ✅ so far, I hope you have made the most of this analysis!