hello welcome back . new week start lets analysis gold for this week . last week gold was bullish and buyers were strong .market made an ascending channel and broke 2400 level and also descending channel in weekly time frame market made a side way range for a few weeks now price reach to the top of the channel and strong resistance i expect a good reaction to this level soon wait for a good fall in h4
Note
the reason of gold went up in the morning was Iranian authorities officially announced the death of the president as a result of a helicopter crash. On this news market is fundamental today but im still on sell and i think gold will fall to my targets
Trade active
this analysis is still valid price is on my way my targets
⚜️2405 ⚜️2400 ⚜️2395
Trade closed: target reached
YESSS THE PRICE PERFECTLY MOVED ACCORDING MY FORECAST +500 PIPS PROFIT ✅✅🤑💰💰💰 GREAT AND BIG PROFIT
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