Gold (XAU/USD) – Bull or Bear ?
Gold Analysis : By checking the GOLD chart in the 12-hour time frame, we can see that the price is still correcting as we expected and the full explanation we gave on the video on YouTube , and now if it can stabilize below the range of $1991, we will probably see a further correction of the price. If this drop continues, its short-term targets will be $1979 and $1969, respectively! The Bearish scenario will also fail when the price attacks the level of $2000 again and can be closed above $2010 in the 12-hour time frame, which is mentioned in the previous analysis and the video that we posted on YouTube! I hope this analysis is useful for you!
(This Post on TradingView)
Author : Arman Shaban
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