XAUUSD (GOLD) 6H TA : 02.05.22

5 Feb 2022

Updating The last Analysis Which was : As we can see, the price reacted positively to the $ 1788 Bullish OB Zone and was able to rise again to the $ 1807 level. The important PRZ area marked on the chart is still valid and I expect the price to react negatively to this zone (range of $ 1808 to $ 1818) and falls again ... we have to see how the NFP statistics will affect the market tomorrow And it can create the main trend of gold price ... If the support of $ 1780 is lost and the price closes below this level, we can expect a fall to lower levels which will be $ 1774 , $ 1766 and even $ 1755 . if the price break its resistance in $ 1818 zone and closes above it , we can expect growth to $ 1830 as the first bullish target for GOLD . (Still Valid)

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⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 05.Feb.22
⚠️(DYOR)

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