ArmanShabanTrading

🔥 XAUUSD : Bullish Target Reached, Now it's time to SELL ?!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
By examining gold in the 12-hour time frame, we see that the price, as I expected, faced buying pressure by entering the demand range and reaching the price of $1931, and we saw that it was able to experience an attractive growth of 180 pips! Now the price has reached the supply range of $1945 to $1965, and I believe that if the dollar index strengthens with the announcement of the CPI, we will see gold fall from this range! Otherwise, we have to wait for the price to break the $1965 resistance!

Best Regards , Arman Shaban

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