XAUUSD - 12H Time Frame - 01.09.22

As you can see, the price finally attacked $1880 exactly as I expected, and the initial reaction was negative, after collecting liquidity above this level, the price dropped by 90 pips to $1871! Now we have to wait for the price to stabilize below $1880 and if this happens, we can expect a drop to $1852 and $1841! There is no important news in the market today and we have to see how far this process will go!

Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.

⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.09.2022
⚠️(DYOR)

❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️