ArmanShabanTrading |🔴 XAU/USD : Bull or Bear ? READ THE CAPTION

As you can see, according to the latest analysis, the price was in the supply range of $2000, and according to the initial analysis, the first drop was up to $1981, and the drop after that was up to $1944, Note that the price is still more likely to be corrected, preferably wait until the daily candle of Monday closes and then decide to determine the trend! The important demand zone is from $1936 to $1942 and the supply zone is from $1965 to $1973!

Latest Uodate :

Initial TA :

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👤 Arman Shaban : @ArmanShabanTrading
📅 03.27.2023
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Comment:

The possible scenario of XAU/USD is indicated on the chart, pay special attention to the supply and demand levels indicated on the chart!

Trade closed: target reached

Trade closed: target reached:

Well, I hope you have made the most of the analysis of gold, the price increased exactly as expected and as shown on the chart up to $1973 and then managed to fall to $1955! But it has not yet reached its final target of $1940, so I have to update the analysis and share my opinion with you again! Total Result so far : +340 Pips ✅