XAUUSD(GOLD)3H:07/03/2023🟢Important TA🟢Please read the caption

You can see all possible scenarios and important levels and zones on the gold chart. Please pay attention to the details!

As you can see, the first scenario (that I follow) is, the gold price has a bullish reaction to the daily demand zone and rises to the supply zone.

We can define targets for the first scenario as follow:

1858
1870
1878
1890
1900
1910

On the other side, if the gold price breaks the daily demand zone we can expect the price to move down to fill the fair value gap.

💥Important note: It's not investment advice, so do your own research!💥


💡Wait for the update!
🗓️07/03/2023
🔎 DYOR

💌It is my honor to share your comments with me💌

Comment:

As you can see, the price followed our second scenario and had a bullish reaction at an important demand zone.

I hope you used this TA.

Wait for a new one!