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ArmanShabanTrading
Dec 20, 2023 1:43 PM

🔥 XAUUSD : Another Fall Ahead ? (Read The Caption) Short

Gold / U.S. DollarFOREX.com

Description

As you can see, the price moved according to the second scenario and penetrated above $2045 again, and with the collection of liquidity above this level, it was accompanied by a fall, the price is currently trading in the range of $2031, and we have to see if the price can finally Penetrate below 2016$ or not! In addition, today we will have the important statistics of CB Consumer Confidence, which may affect the market! Important supply levels are $2045 to $2048, $2057 and $2072 respectively! The important demand levels are $2018 to $2020, $1997 and $1973 to $1979, respectively!

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

Comment

Important Question : What price do you think gold will close at by the end of 2023?

Comment

@sell on $2038 ! SL on 2041$ !

Trade closed: target reached

@sell Position Activated on $2038 and the first target reached on $2035 ! In the first try TVC:GOLD rose to $2037 and then started to fall to $2027 , after that , the price activated our position on $2038 and starting to fall again to $2034 ! Total result so far is +40 Pips ✅ ! Wait for the next Trading Setup !
Comments
ArmanShabanTrading
Agree with me ?
ReallyMe
@ArmanShabanTrading, No, 'cause sometimes you have to take a step back, distance yourself, and look at long term development in historical perspective
kaleemkhan111
bro will it reach 2038 again today?
ArmanShabanTrading
pullbacksignal
This is my idea, check it out
ArmanShabanTrading
@pullbacksignal i agree ☝️
hongyeow
yes it still have strong support around 2030 and will rise back toward 2045 and follow your forecast target 2048 , 2057, 2072
ArmanShabanTrading
@hongyeow, Awesome Buddy ! Thanks for your Feedback !
hongyeow
@ArmanShabanTrading hit the first 2045 hehe
MyCryptoParadise_Nathan
Upcoming CB Consumer Confidence data could influence market trends.
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