XAU/USD | Gold Hits Double Targets – Is Another Drop on the Way?

Based on the 4-hour gold chart, we can see that the price was strongly rejected from the $3348 zone, exactly as anticipated, and dropped to $3321—successfully hitting both targets at $3334 and $3324, delivering over 250 pips of profit! Currently, gold is trading around $3328, and I expect another bearish wave to follow soon. The next downside targets are $3318, $3311, and $3301. This analysis will be updated shortly!
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Best Regards , Arman Shaban
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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📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
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🚀 MondFX — our trusted Broker : bit.ly/MondFx
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.