🔥 XAUUSD : Targets Below $2000 ? (READ THE CAPTION)

By examining gold in the weekly time frame, we see that the price is still below the range that we have determined based on the latest analysis, and until the price can be stabilized below $2072, our bearish view is still valid! The overall yield of this analysis has been more than 600 pips so far and we have to see if the price can penetrate below $2000 by the end of the week! (more details in the next analysis in the daily time frame)

The Main Analysis :

Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.

Best Regards , Arman Shaban

Trade active:

Well, as we expected, gold started to fall heavily with the announcement of NFP and is currently trading in the range of $2014! This analysis is valid until we go to targets below $2000! Let's go for more drops!

Trade closed: target reached:

I hope you have used this week's GOLD analysis in the best way, gold finally reached $1995 ! The total efficiency of this set of analyzes has been more than 750 pips until this moment! CHEERS GUYS