ArmanShabanTrading

🚨 $GOLD 1W TA : IMPORTANT 🚨

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
WEEKLY CHART : By analysing the weekly and 3-day chart of gold , we saw that the price penetrated below the low of last week's candle and faced more selling pressure and traded up to the level of $1698! Considering that the price entered the $1,600 channel, we can expect that the price will maintain its corrective move this week and penetrate below the $1,678 level as its most important target to collect more liquidity, if after that We can see positive reaction, we can expect an upward movement from $1678 to $1717 as the first target, otherwise the selling pressure may be so high that it directly enter the $1500 channel! Be sure to see the previous week's analysis and compare it with our new analysis.

3D Chart :


Follow us for more analysis & Feel free to ask any questions you have, we are here to help.

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.18.2022
⚠️(DYOR)

❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️

📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT

⚜️Send me a DM if you want to join the VIP 👉🏼 t.me/ArmanShabanTrading

▶️ Video Analysis on YouTube : www.youtube.com/@armanshabantrading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.