ArmanShabanTrading

XAUUSD 4H TA : 10.05.22 (Update)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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 ❤️
Trade active
Trade closed: target reached:

📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT

⚜️Send me a DM if you want to join the VIP 👉🏼 t.me/ArmanShabanTrading

▶️ Video Analysis on YouTube : www.youtube.com/@armanshabantrading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.