🔥 XAUUSD - Bull or Bear ? (READ THE CAPTION)

NEW Forecast of GOLD : As you can see, the price managed to grow up to the price of $1993 and faced selling pressure from the same area. As I had specified in the analysis of the 15-minute time frame, The range of $1993 was introduced as a zone for SELL, and by reaching this Zone , the price was corrected by 180 pips to $1975 ! Still, this area has stopped the price from falling further and we have to see if this support will remain or not! If this support is maintained, the price can grow up to levels above $2000, otherwise we will first see a range and then fall to $1930!

15min TF TA :

Best Regards , Arman Shaban

Trade closed: target reached