XAUUSD 1D TF : 16.Nov.2021

As the price of gold reached its highest level in the last 4 months today, the dollar index experienced a half percent growth with the announcement of US retail statistics, which caused the price of gold to react negatively to this statistic and start to correct from $ 1877. Which is currently trading in the $ 1855 range, if the price closes in the same range we can expect a further drop to the midline level, which will be in the $ 1840 range.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Nov.2021
⚠️(DYOR)