🔴 XAUUSD : Another Bearish Move ?

16 May 2023

Gold analysis update : By checking the gold chart, we see that the price moved again to the mentioned level ($2022) and from there it faced a heavy fall and managed to hit the final target ($2001)! The efficiency of this analysis was more than 200 pips! the important condition to fall more is the break of $2000, and for the price to grow, the important condition is the break of $2022! I hope you have made the most of this analysis!

Best Regards , Arman Shaban

The Main TA :

Best Regards , Arman Shaban

16 May 2023

Not

Ready for The Break of $2000 ? Let's Wait and See !

16 May 2023

Not

It's already falling !! +100 Pips so far !!!

17 May 2023

İşlem kapandı: hedefe ulaştı

Another +180 Pips guys . cheers ! so far total results are +400 pips ✅ you can check the main TA too !

17 May 2023

Not

The Price Will See 1970$ as the next target ? We’ll See ! If the price can consolidate below the 1987$ we’ll see 1970$ as the second target !

In general on of the important Demand zone is between 1977$ to 1986$ , so consider that too ! This analysis will be updated soon !

Best Regards , Arman Shaban

18 May 2023

İşlem kapandı: hedefe ulaştı

Well, as you can see, based on the latest updates posted in Trading View (this link (tradingview.com/chart/XAUUSD/N6YG8zPG-XAUUSD-Another-Bearish-Move/)), we saw that the price started to fall according to the first scenario, and with more than 370 pips profit , today it hit the important target of $1970, And it opened the way for correction to lower levels (such as $1965), wait for the price reaction to this level! The next important demand level will be in the range of $1949 to $1965! I hope you have made the most of this analysis!