๐Ÿ“ˆGold 2H analysis, First day of the week๐Ÿ“‰

ืžืขื•ื“ื›ืŸ
XAUUSD
XAUUSD


  • Hello Traders, please check out my previous ideas.
  • If the price breaks above the daily Bollinger midline or stabilizes above the 1900, the bullish scenario will be activated.
  • Targets are shown on the chart (1930 is my risk-free target).
  • If the price breaks below this range or breaks $1900, then we should stay for more price movements and the scenario will be rejected.
  • Additional downside scenario targets are available in previous gold analysis.


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ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’
After breaking the specified zone, gold reached the specified targetโœŒ๐Ÿ’ฅ
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
As we specified in the analysis, if the price in the Fibonacci retracement does not go below the level of 1930, the bullish scenario can continue up to the upper trend line.โœ๐Ÿฑโ€๐Ÿ‘ค
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
As we noted, the price reached the target of $1945.โœŒ๐Ÿ’ฅ
Gold can move towards the upper trend line if it stabilizes above the yellow zone.โœ๐Ÿฑโ€๐Ÿ‘ค
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
If the price continues to cross the 1-hour middle Bollinger line and returns above the yellow zone, gold can take the path of the bullish scenario.๐Ÿ“ˆ
If gold fails to stabilize above the 1-hour Bollinger Average, the price will go through a bearish scenario. The target levels of the bearish scenario are marked in yellow. (The first target is Freeman's risk level.)๐Ÿ‘ป
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
In the previous analysis, gold started an upward trend after stabilizing in the yellow zone and reached around $1,952.โœŒ๐Ÿ’ฅ
Now, considering the rejection of the price from the 1950 levels, if the price remains below the 4-hour Bollinger level, the bearish scenario will be activated.โœ๐Ÿฑโ€๐Ÿ‘ค
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