🔥 XAU/USD - $2031 to $1987 , What's NEXT ? (READ THE CAPTION)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
By checking the gold chart in the 4-hour time frame, we can see that the price finally managed to drop to the range of $1987 and enter the specified demand range! After the price reached the range of 1987$, it was accompanied by relative demand and is currently trading in the range of 1989$ with about 20 to 30 pips of growth! If the price stabilizes above the demand level of $1978 to $1987, we can expect an upward corrective movement from gold!

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban
+60 Pips so far !
Trade active:
After the analysis we had today, gold continued to grow and increased to $1993.5 ! The efficiency of this analysis has been more than 60 pips so far! If the price can maintain the support in the range of 1978$ to 1987$, we can expect the growth of gold to higher targets such as 1995$, 1999$, 2003$ and 2011$ , respectively !
GOLD ~ $1995 Reached ✅

📣 Join My FREE Channel on TG for more TA 👉🏼

⚜️Send me a DM if you want to join the VIP 👉🏼

▶️ Video Analysis on YouTube :

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.