ArmanShabanTrading

⭐️ XAU/USD : $GOLD will fall ? (READ THE CAPTION)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
By examining the gold chart in the 2-hour time frame, we can see that the price on Friday, after growing up to $2320, faced a heavy selling pressure and fell from $2320 to $2277, that is, more than 420 pips of yield! Finally, gold closed at $2301 on Friday, and today we saw gold grow again to $2324. Now, as I indicated on the chart, gold is in the supply range of $2319.5 to $2328, and if the price cannot reach Above this level, we can expect more fall from gold, whose possible targets are $2312, $2303 and $2290, respectively!

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Best Regards , Arman Shaban
Trade active:
The price fell to $2314 and then it was again accompanied by demand and penetrated above the level of $2328 to collect liquidity, but immediately the price was accompanied by a fall and has fallen from $2330 to $2323 at this moment, other assumptions of the previous analysis They are still valid!

Trade closed: target reached:
GOLD just hit the $2312 target ! ✅

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