ArmanShabanTrading |🔴 XAUUSD : New Update : Bull or Bear ?

As you can see, today gold penetrated the bottom of last week's price and raised the expectations for further fall, if the price stabilizes below $1823, we can expect further fall to $1797! Pay attention, the weekly support range is from $1775 to $1825, the second important weekly support and target is the range from $1732 to $1761!

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👤 Arman Shaban : @ArmanShabanTrading
📅 02.23.2023
⚠️(DYOR)

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Weekly analysis update : As you can see, the price has finally reacted to this support range and was able to grow more than 400 pips, but if the weekly candle is closed above $ 1849, we can expect growth up to $ 1900 in the mid term!