ArmanShabanTrading

✏️ XAU/USD : Gold Will be Fall more ?

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FOREXCOM:XAUUSD   Ouro/Dólar Americano
By examining this chart in the weekly time frame, we can see that the price had faced the pressure of demand several times in the past weeks by reaching $1935 and even managed to grow up to $1984! Now the price has penetrated below this level and this can cause gold to fall more in the weekly time frame! If the price stabilizes below $1938, we can expect a drop to targets below $1900! If this scenario is realized, its downward targets are $1901, $1872, $1856, and $1847, respectively!
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