XAUUSD Weekly Update : 07.27.22 (FOMC)

Last analysis (Weekly) : As you can see, the price reacted positively after reaching $1,680 and faced demand pressure and is currently trading in the range of $1,725. If the weekly candle closes above $1,717, we can expect a positive swing . The possible targets can be $1733, $1783 and even $1825 respectively! (The analysis is mid-term)
Updating the last analysis (4h) : By maintaining the Support of the $1713 to $1718 range, we can expect growth up to $1752 ! If this support is lost, we can expect a drop to the range of $1,694 to $1,700! Be prepared for both scenarios! In the previous 2 analyzes, we were able to obtain more than 250 pips !

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.27.2022
⚠️(DYOR)

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