XAUUSD : Weekly TF Important TA

As you can see, this week the price penetrated to the ceiling of $1808 and then faced a price fall down to $1765. Now we have to see if the price of gold closes above $1808 or below by tomorrow night, then we can talk more accurately about the bullish trend that we mentioned in the previous analysis! Important levels are marked on the chart and this analysis is complementary to the previous analysis!

The Mentioned Analysis :

As you can see these days due to the lack of important news, the market does not follow a particular trend and is fluctuating in the same range as before, the important supply zones are $1787 to $1791 and $1806 to $1810 respectively! If the price falls further, the targets are $1766, $1740 and $1728 respectively! The bullish view will also be confirmed if the price is recorded above $1810, and the long-term gold targets are $1825, $1847, and $1879!


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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.08.2022
⚠️(DYOR)

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