✏️ $GOLD : Another Bullrun ? (READ THE CAPTION)

By examining gold in the 4-hour time frame, we can see that the price was able to grow to $1953 after the announcement of the NFP statistics, and before entering the liquidity pool, it faced selling pressure by entering the supply range of $1953 to $1955 and was able to Drop to $1923 at this moment! Now the price has entered a demand range and at the same time it has filled the FVG created in the 4-hour time frame! If the price stabilizes above this range, we will witness a series of fluctuating upward movements! In order to create a downward trend in the medium term, it is necessary to break and cansolidation the price below $1914!
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Attractive Zone for SELL Sosition : $1927 to $1929 !

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➡️ NEW Forecast of GOLD : As you can see, as we expected, yesterday, the price fluctuated a lot and even grew up to $1929! After that, the price was corrected again and has been able to fall to $1915.5! But as I said in the previous analysis, to continue the downward trend, stabilizing the price below $1914 is of great importance and we have to see what trend the market will take today with the announcement of Unemployment Claims !

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Ready for NEW Update ?

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As you can see, the price is still falling and trading in the range of $1919 and we have to see if the price can stabilize below $1915 today or not! This analysis will be updated!

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NEW Update : By re-examining gold in the 4-hour time frame, we see that the price, yesterday after the last analysis that we posted and the demand range that the price had entered, As we expected, the price had a positive reaction to this level and the price managed to grow from $1908 to $1915 yesterday! Today, with the announcement of the CPI statistics, the price of gold first faced a drop in order to collect liquidity and complete purchase orders, and by correcting to $1906, it was able to come back with the buying pressure and up to this moment, it was able to grow up to $1914. If the price can stabilize above this demand level , we can expect the price to grow up to $1918.5 as the first target! Previous analyzes are still valid!