🔥 XAUUSD : $1999 Reached , What's NEXT ?

By analyzing the gold chart in the weekly time frame, we see that the price was able to penetrate below $2000 in the past week and finally close at the price of 2004.440 ! The yield of the main analysis has been more than 750 pips, and considering that we are in a week full of important news, I will expect a lot of price fluctuations! The important supply zones are $2034 to $2038, $2044 to $2046 and $2071 respectively, and the important demand zones are $1992 to $1994, $1964 to $1966 and $1939 respectively! Still, the main view on this chart is bearish! (more details in the next analysis in the daily time frame)

The Main Analysis :

Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.

Best Regards , Arman Shaban

Trade active

Trade closed: target reached:

The Price Reached to $1976 Last night and the total result of the main TA is +950 Pips so far ! this is still valid (Important)