XAUUSD - 12H Time Frame - 01.04.22

Today, the price entered the zone of $1860 and until this moment it is moving as we expected, and according to the previous analysis, there is still a possibility of attacking the level of $1880, after that, wait for the price reaction! This analysis is just an update of the previous analysis!

Previous Analysis : By checking the gold chart, we can see that today the price moved towards $1850 with a jump and then faced a price correction to $1832. Note that the range of $1850 to $1878 is a supply zone , but considering the movement If the price stabilizes above $1832, I expect that the price will attack above the level of $1880 to collect liquidity and face a price correction of at least 300 pips after collecting enough liquidities !

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.04.2022
⚠️(DYOR)

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