As you can see, according to yesterday's analysis, $1707 prevented the price from falling again, and the price was able to grow above $1720, i.e. $1726, and after collecting liquidity above this level, it faced selling pressure, and currently with more than 200 pips falling in the range of $1707 is being traded! According to the growth of the dollar index and the trend that gold has taken, if it conslidates below $1707, we can expect a further drop to the levels below $1700! The possible targets of this drop are $1698, $1693, $1689 and $1680!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ... 👤 Arman Shaban : ArmanShabanTrading 📅 09.06.2022 ⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.