XAU/USD : First Long, Then SHORT ! (READ THE CAPTION)

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By analyzing the #Gold chart on the 30-minute timeframe, we can see that after entering the demand zone of $2,625 to $2,632, the price was met with buying pressure and has now risen to $2,651. There are several key supply levels ahead that we need to focus on. The first and one of the most important levels is the range between $2,657 to $2,660—keep a close watch on how the price reacts to this level. The next level to monitor is $2,667.7 to $2,670.5, and the third key supply zone is between $2,673 to $2,678. Keep an eye on the price reaction at these levels! (This analysis will be updated.)

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Best Regards , Arman Shaban

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Giao dịch đang hoạt động

By analyzing the #Gold chart on the 30-minute timeframe, we can see that the price started to drop earlier than expected (from the $2,653 level), and unfortunately, our sell position was not triggered. Gold experienced a strong decline, correcting over 480 pips down to $2,604! This sharp drop has created a large liquidity gap, which I expect to be filled soon. The key supply zones are $2,636.5 to $2,641.7 and $2,648 to $2,653. Other supply zones mentioned in the previous analysis remain valid.

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Đóng lệnh: đạt mục tiêu

By analyzing the #Gold chart on the 1-hour timeframe, we can see that the price is currently trading around the $2,620 level. I expect that after a short correction to fill the liquidity gap, the price will start to rise. I have drawn the potential schematic of this movement on the chart. The demand zones are $2,609 to $2,616, and the supply zones are $2,625, $2,636.6, $2,646, and $2,655 to $2,660. I hope you find this analysis helpful and can make the most out of it!

+100 Pips so Far !