⭐️ XAU/USD : Will GOLD fall to $2200 Channel? (READ THE CAPTION)

By re-examining the gold chart in the 2-hour time frame, we can see that yesterday the price penetrated above $2330 to collect liquidity, and then it fell and was able to hit the first target of $2312. Please note that the level of $2312 is a The important demand level and therefore the reaction to it was positive, now if the price penetrates below this level again, we can expect more fall from gold and the next targets are $2308 and $2303 respectively!

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Best Regards , Arman Shaban

Trade closed: target reached:

FYI , GOLD reached the $2308 target ✅ ! Cheers 🍾