🔴 Fed Chair Powell Speaks effection on $GOLD

Well, as you know, the important speech of Mr. Powell (Chairman of the Central Bank of America) is coming today and it can affect the whole market! The price is in an important range that was mentioned yesterday, we still haven't seen a strong return movement of the price, but we have to be careful about the price fluctuations during the speech! The first scenario that was discussed yesterday was the correction of the price from the range of $1880 and its initial target can be $1858 to $1854. (Modified) The probability of price support in this range is high, and if the price support is stabilized, it can even see higher targets such as $1900 and $1921! So we have to wait for the speech! (I personally do not trade during this time)!
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👤 Arman Shaban : @ArmanShabanTrading
📅 01.10.2022
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