📈Gold 2H analysis, First day of the week📉

XAUUSD
XAUUSD

• Hello Traders, please check out my previous ideas.
  
• If the price breaks above the daily Bollinger midline or stabilizes above the 1900, the bullish scenario will be activated.
  
• Targets are shown on the chart (1930 is my risk-free target).
  
• If the price breaks below this range or breaks $1900, then we should stay for more price movements and the scenario will be rejected.
  
• Additional downside scenario targets are available in previous gold analysis.
  

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✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌

Trade closed: target reached:

After breaking the specified zone, gold reached the specified target✌💥

Comment:

As we specified in the analysis, if the price in the Fibonacci retracement does not go below the level of 1930, the bullish scenario can continue up to the upper trend line.✍🐱‍👤

Comment:

As we noted, the price reached the target of $1945.✌💥
Gold can move towards the upper trend line if it stabilizes above the yellow zone.✍🐱‍👤

Comment:

If the price continues to cross the 1-hour middle Bollinger line and returns above the yellow zone, gold can take the path of the bullish scenario.📈
If gold fails to stabilize above the 1-hour Bollinger Average, the price will go through a bearish scenario. The target levels of the bearish scenario are marked in yellow. (The first target is Freeman's risk level.)👻

Comment:

In the previous analysis, gold started an upward trend after stabilizing in the yellow zone and reached around $1,952.✌💥
Now, considering the rejection of the price from the 1950 levels, if the price remains below the 4-hour Bollinger level, the bearish scenario will be activated.✍🐱‍👤