XAU/USD : Possible of Growth ? Let's See !

By analyzing the #gold chart in the 2-hour time frame, we can see that the price has finally dropped below the $2,300 level and reached the demand zone at $2,288. As you can see, the initial reaction to this level has been positive. Only if the price stabilizes above the $2,277 to $2,288 range can we expect further short-term growth in gold. With the significant drop in gold, a large FVG (Fair Value Gap) and LV (Liquidity Void) have been created, which I expect will be filled in the medium term. The expected return of this analysis is a minimum of 40 to 100 pips, and in the best-case scenario, up to 700 pips.

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

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+120 Pips so far