🔴 FOMC's Potential effects on $GOLD : 12.14.22

Well, as you can see, by predicting the fall of the dollar index yesterday, we saw that gold also faced an attractive growth and reached $1825, which was our important weekly supply level, and faced a price correction from the same range and fell to $1805! Currently, there is a FVG due to the liquidity void on the chart, from the range of $1788 to $1805, now the price has shown a slight reaction to the level of $1805, but there is a possibility of further correction of the price, The possible targets of this fall are $1799, $1795, $1792 and $1789 respectively! Among the appealing levels for BUY, we can mention $1783 to $1788!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.14.2022
⚠️(DYOR)

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Trade closed: target reached:

Okay , Done

✅ $ 1799 REACHED ✅
✅ $ 1795 REACHED ✅
✅ $ 1792 REACHED ✅
✅ $ 1789 REACHED ✅

✅ All Target Reached ✅

Comment:

Well guys , as you can see, gold hit all the targets that we announced and reached the range of $1773 with more than 300 pips. If the price consolidates below $1781, we can expect a further drop. The next bearish targets are $1766, $1741 and $1727 respectively! We have to see if the price will be able to break these levels with the important news of today or not ! Considering the large amount of news and statistics , be careful with your personal trades !