🔥 XAU/USD - Bull or Bear ? (READ THE CAPTION)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see, the price is still trading in the previous neutral range and has not followed any particular trend! If it stabilizes below $2019, we will see a further drop to lower levels such as $2011 and $2013, and only if the resistance of $2019 is broken, we can expect growth to fill the liquidity void that we mentioned in the previous analysis. ! (The previous analysis must be read)

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Best Regards , Arman Shaban
Trade closed: target reached:
Well, well, as you can see, with the announcement of Advance GDP q/q and Unemployment Claims news, gold was accompanied by a heavy drop in the first move and hit the $2013 and $2011 targets, And after that, based on the previous analysis, it entered the important demand range of 2009$ to 2010$ and in less than 2 minutes, it has been able to grow more than 110 pips (to 2020$) ! That's why I always say to follow the chart step by step and don't look for long-term analysis, because you can't do daily trading with long-term analysis!

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