XAU/USD : First SHORT,then LONG! But...! (READ THE CAPTION)

kemarin dulu

On the one-hour gold chart, we can see that yesterday, the price corrected from the $2943 level down to $2918 before encountering strong demand. This led to a bullish move, with gold reaching a new high of $2955 today. Before targeting the next resistance zone at $2966 - $2969, a slight pullback is likely. This analysis will be updated accordingly. Enjoy the ride, folks!

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

kemarin dulu

Trading ditutup: target tercapai

On the one-hour gold chart, as expected, after reaching its all-time high of $2954, the price underwent a correction, dipping to $2916, briefly breaking below $2918 to grab liquidity. Following this, strong demand pushed the price back up, and gold is currently trading around $2933.

If gold breaks and holds above $2937, we could see a continuation towards $2949 and potentially $2954 again. The next mid-term targets remain at $2966 and $2969. 🚀

Stay tuned for further updates! 🔥