ArmanShabanTrading

XAUUSD : Possible Correction ! (Update)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Well , guys, as you can see, gold doesn't have that necessary condition to drop and fill FVG, that's why I always say to use a higher time frame to confirm the reversal of the trend, now we see that the price has reached $1784 with a penetration. There is a minor modification and we have to see how it will react! Because as I specified on the chart, the range of $1784 to $1803 is one of the important supply zones! Currently, the price is in the Premium range and we will not look for BUY in this range!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.15.2022
⚠️(DYOR)

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It seems that gold is trying to reach $1,800, what do you think? Is it going higher or what?
Comment:
Did you get that SELL ?


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