ArmanShabanTrading |🔴 XAU/USD : Bull or Bear ? READ THE CAPTION

The possible trend of gold in the 30-min time frame is shown on the chart , in the upcoming scenarios, the possibility of price correction in the first place, and if the support of $1868 to $1873 is maintained after the correction, we can expect the price to grow again, possible targets in case of growth is $1886, $1900, $1903.5, $1906 and $1908 respectively! The important Bearish Order Block is from $1909.4 to $1917! This analysis will be updated!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.08.2023
⚠️(DYOR)

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Trade active

Trade closed: target reached:

As you can see, in the last TA , we expected a price correction in the 30m TF , which happened, and the price corrected by more than 110 pips ✅ exactly to our target, which was $1869, After that, we expected an upward movement from that range, which again exactly happened, and the price rose to our first target ($1886) , which means more than 160 pips ✅ ! In total, this analysis has yielded more than 270 pips ✅ so far, which I hope you have used!