GOLD (1D) : Waiting for Consolidation !

As you can see price is in the Demand Zone , We have to wait for consolidation for triggering reversal positions , So , this is an update for previous TA , which was :

As you can see, the price has already reached the level of $1755 with a strong break of the $1786 level! The price is in an important range! The reaction to the $1753, $1746 and $1722 should be monitored! For a reversal movement, confirmation in the 1 and 4 hour time frame will be important!

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 07.07.2022
⚠️(DYOR)

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