XAUUSD

16 Oca

By checking the gold chart in the 4-hour time frame, we can see that the price is trading in the range of $2045 and yesterday, as I expected, the price could come down to the range of $2043 and after that, it will fall again! The important demand range in the 4-hour time frame is $2031, which can have an initial reaction to this level, and if the price can stabilize below $2040, we may see a heavy fall in gold, And its possible targets will be $2031, $2024, $2020, $2005 and $1986 respectively! This analysis will be updated