By checking the gold chart in the 1-hour time frame, we can see that according to the latest analysis, the price was able to fall from the level of $2393 to $2369 and bring us more than 230 pips of profit! After that, the price was fluctuating in the same range. This morning, with the announcement of Israel's attack on Iran, gold was accompanied by a strong growth and increased to $2417, and after the regional tensions subsided, gold began to fall again. and it is currently trading in the range of $2373! If the price can stabilize below 2379$, we can expect more fall from gold!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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Please comment your opinion on what price you think gold will close tonight ?
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Gold is moving towards the supply range of $2395! Observe the price reaction to this levels: $2395, $2407 and $2410!
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Now the price is in the range of $2395 ! (First Supply Range)
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Just Look at the reaction to this supply zone :
What will happens in the coming week ? STAY TUNED for more !
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estimated yield for this week on SHORT position is : +350 Pips (min) to +800 pips (Max) ! WILL BE UPDATED SOON
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First Target reached ✅ +400 Pips till now ! this was amazing , isn't it ? now let's have a review on what happens to gold today (fundamentally) and in the end you can check out the updated chart !
• Gold prices have taken a little dip, down 1.8% to $2,351.6 per ounce.
• The reason? The Middle East is looking a bit more peaceful these days, so people aren’t rushing to buy gold as much.
• Not too long ago, gold was the star of the show because of some serious tension between Israel and Iran, and it even hit a record-breaking price of $2,448.8 on April 12.
• But now, with Iran playing it cool after an Israeli missile attack, gold’s glamour has faded a bit, and it’s trading below $2,400.
Operación cerrada: objetivo alcanzado
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the total yield of this analysis so far is more than 1000 pips! ✅✅✅ I hope you have made the most of it! ALL CLOSED !
Hello Your comments are very helpful and professional. Thankful According to your comments, I think that on Monday morning, with the opening of the Asian markets, we will have a decrease to 2363 to 2370. Then, with the reopening of the European markets, we will move towards 2385 to 2390. And with the reopening of the New York market from 2396 to 2405, we will have a jump. And after 2 hours we move towards 2342 to 2332. This is my opinion. And it may not be true. I wish success to all traders.
ArmanShabanTrading
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@efficientLizar45157 hello there friend , thank you so much for your detailed response , i agree with you and that’s possible !
fx_DahGod
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Your liquidity Pool is actually a Strong Low that created the current High... if it is broken .. Change of Character .... Don't forget that Price on a weekly has Broken Structure and it need to retrace back to discount (Impluse - Corrective) Also Bear in mind that divergence has occurred - In short the market is giving accumulation to give manipulation (by rejection of New Higher Higher) then Distribute down.... Im playing with you , but think of it
ArmanShabanTrading
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@fx_DahGod thanks for your feedback bro , i keep that in mind
darmar60
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Thank you for your work Arman. It means a lot, and it helps. My predistion is 2381 for tonight Goodl luck all Cheers
ArmanShabanTrading
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@darmar60 that’s my pleasure my friend ! Thank YOU for your feedback and your support !