🟢 $GOLD : The Price will Reach $2000 Again ?

NEW Forecast of GOLD : By examining gold in the 4-hour time frame, we can see that the price was corrected again after its growth up to $1963 and it was able to correct up to the support range of $1949 to $1952 and after that it was again accompanied by demand! Pay attention that to determine the new trend Consolidation below $1958 or above $1958 is of great importance and we will determine its long-term trend with further investigation in the weekly time frame soon!
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Best Regards , Arman Shaban

Comment:

New Update : As you can see, the price was finally able to grow up to $1972 to fill its liquidity void , and after reaching its bearish order block, it fell again! Only if the price can rise above $1961 again, we can expect growth to higher levels, otherwise we have to wait for a heavier fall of gold! The possible targets of this drop are $1943, $1939 and $1933! Among the important levels of demand, we can mention $1934 to $1941!

Comment:

By re-analyzing gold, we see that the price experienced a heavier fall according to the latest analysis and was able to grow up to $1941 and hit the first target! After that, the price was accompanied by an increase in the demand range that we specified, and it was able to grow up to $1949! I hope you have made the most of this analysis! Total Result : +240 Pips ✅

Comment:

As you can see, according to the previous analysis, all the announced targets were hit and the price is currently trading in the range of $1935! If the price stabilizes above this level, we will probably see an upward movement to fill the liquidity gap (FVG) in the range of $1939 to $1944! Otherwise, the next falling targets are $1928, $1920, and $1913, respectively!! Total Result : +380 Pips ✅

Trade closed: target reached