FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
With the new review of gold in the 1-hour time frame, we see that the price rose to $2200 last day and then it was corrected! Now, in my opinion, gold can be associated with a growth up to the range of $2203 to $2210 and after that we can have a SELL position with the right trigger! As I said before, the first supply zone is between $2203 and $2210, and the next is the Rejection Block zone between $2212 and $2222!

Please tell me in the comment section that do you think what price gold will close at by the end of the week!?

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Best Regards , Arman Shaban
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The Price just entered the REJECTION BLOCK ZONE ($2212 to $2222) ! Waiting for the Right trigger to sell !

By re-examining the gold chart in the one-hour time frame, we can see that as expected, the price was accompanied by a strong growth and was able to grow up to the range of $2217 (Rejection Block Zone) and after that it was accompanied by a fall and is currently in the range $2209 is being traded! If the price stabilizes below $2,217, we can witness a further drop in gold!

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