✏️ GOLD : Supply and Demand Zones (READ THE CAPTION)
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By examining the gold chart in the 2-hour time frame, we see that the price faced selling pressure from Friday when it entered the range of $1932 to $1939, and considering that it couldn't hit the ceiling of $1935, it faced more selling pressure and until At this moment, it is trading in the range of $1917 with more than 100 pips drop from the last analysis! If the price closes and stabilizes below $1,919, I have the possibility of heavier falls of the price! The demand ranges are $1909 to $1912.5 and $1903 to $1907, respectively! The important supply levels are $1921 to $1923 and $1933 to $1935 respectively!
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Best Regards , Arman Shaban
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Best Regards , Arman Shaban
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