XAUUSD (GOLD) 4H: 29/12/2022: More fall?

After that sharp fall we can expect more fall, but there is a important support on 1800 to 1795.

In my perspective, price can raise till 1819 to 1823 (potential sell zone) and then start downward move.

You can see the possible scenario on the chart.

If you have a question, feel free to ask.


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🗓️29/12/2022
🔎 DYOR

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Comment:

As we expected price rose till 1818.62 and now it's almost reaches to supply zone.

We should stady price in lower time frame.

Trade active:

This TA is valid even if prise rise till 1824.5