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XAU/USD | Where will Gold go next? (READ THE CAPTION)

As you can see in the hourly chart of XAUUSD, it dropped from 5602 all the way to 4402 in just 3 days! After sweeping the liquidity and filling the Jan 12th NWOG, it bounced back up and went as high as 4812, before dropping again and now being traded at 4720.
How Gold has been moving in the past couple of weeks...
Well, I expect gold to drop into the Jan 19th FVG and then going higher.

For now the Bullish targets for Gold are: 4800, 4900, 5000 and 5100.

Bearish Targets are: 4620, 4520 and 4420.

Trade ist aktiv

First 2 bullish targets have been reached, waiting for 5000.

Trade geschlossen: Ziel wurde erreicht

Target 3 has been reached, 4 on its way but I prefer to close the position here and be content with the result.

AmirAliTrading

Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading

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AmirAliTrading

Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading