ArmanShabanTrading

πŸ”₯ $GOLD - The effect of WAR on the GOLD (v4) (READ THE CAPTION)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
NEW Forecast of GOLD : According to the latest analysis of gold, as you can see, the price managed to hit the targets of $1962 βœ… and $1988 βœ…, and also the price was able to reach the highest price level in the last 5 months and record the price of $1997.5 βœ…πŸ”₯! There is only one big target left for this analysis and that is $2020! We need to see where the price closes tonight and how the first price movement will be on Monday so that we can analyze and predict the next trend with a high credibility! The overall efficiency of this analysis from the beginning to this moment has been more than 1800 pips βœ…! I hope that you have used the most of these analysis these days!

The Main TA :


Best Regards , Arman Shaban
Comment:
By examining gold in the 12-hour time frame, we see that the price was corrected after reaching 1997.5 and finally managed to fall to $1964! Now the price has reacted positively to this range and we have to see if it can start its next move to hit the target of $2000 and $2020 by stabilizing the price above the support of $1963 or not!

Comment:
As you can see, considering that the price lost the important support of 1963$, it was able to correct up to 1953$, and the possibility that the price can fall to the range of 1907$ to 1933$ has greatly increased! So, the important price resistance is the psychological level of $1999 and $2000, and until these two resistances are not broken, we cannot expect more price growth!


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