XAUUSD : More Bearish ?? Let's See ...!

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!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 09.06.2022
⚠️(DYOR)

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