ArmanShabanTrading

🔥 XAU/USD - will GOLD fall to $2025 Again ? (READ THE CAPTION)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
By checking the gold chart in the 4-hour time frame, we can see that the range of $2038 is still preventing the price from rising further, and yesterday, after falling to the range of $2024, gold again moved up to the specified supply range. And even today, the reaction to it has been negative! Currently, gold is trading in the range of $2031 and may correct to $2028 and $2025 to collect more liquidity, and then we have to wait for more price fluctuations!

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Best Regards , Arman Shaban
Trade closed manually:
Well, exactly as we expected, gold fell to $2028, and then with the announcement of the news, it was accompanied by heavy fluctuations, and now it is trading in the range of $2048!

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