ArmanShabanTrading | XAUUSD : Targets Smashed – Bulls Still in Control

[Arman Shaban]

By analyzing the gold chart on the 1-hour timeframe, we can see that the price once again moved higher as expected, hitting the $3,740 and $3,780 targets, and even reaching $3,791, close to the $3,800 mark. After that, gold corrected to $3,764, and is now trading around $3,779.

The key demand zone is between $3,748–$3,757. Watch how price reacts to this level. All other points from the previous analysis remain valid, and I still expect gold to rise toward levels above $3,800 soon.

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Best Regards , Arman Shaban

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