Status 18 July 2022:

Post 15 July, GOLD generally rises from the lows of first two weeks of July, and same can be observed right now.

XAUUSD Bearish Scenario: $1717/1666, once again?

If the bearish momentum extends, gold price may fall further towards 1666 zone (after 1721) with 1717/1700/1685/1666 as next stops, if Gold crash halts at 1717/1666 zone a reversal can be expected with a RT 23.6 on M5 and M15 30% RT before/in next 9 trading days.

Read my analysis here: https://bit.ly/NFPJuly2022PRGoldAnalysis

Summary: GOLD crashed till 1697 and reversed back to 1735/1717 zone, more than three times, giving enough space to exit in net average in the BUY positions taken below 1717.

XAUUSD CMP 1719

Month based summary:

Mid June: Crash
Mid July RT Reversal
August first week crash

As per past trend mapping.

M30 H1 H4 V completed.

This what I had projected:

I had mentioned in my analysis:
I expect V pattern in next 9 trading days. XAUUSD CMP $1735

Date of Analysis 08.07.2022
Date of achievement: 13.07.2022 and 18.07.2022

Analysis accuracy: 90%

Highs achieved: 1745/1719
Lows achieved: 1707/1697

Zones mentioned in my analysis:

I expect V pattern in next 9 trading days. XAUUSD CMP $1735

D1 TF PRSR: BUY/SELL STOPS | BUY/SELL LIMITS: TARGET NAP200P ( Net Average Profit):

S4 ZONE 1717 | DOWN TREND (Below 1721) : 1717/1707/1685/1666/1636 BUY LIMITS

R2 ZONE 1750| UP TREND (After 1758) : 1777/1808/1818 SELL LIMITS

Check the price mapping done by me on 08.07.2022 at:
https://bit.ly/08JulyPriceMappingPR

Tracer Algo stetting:
PRSR zone D1 | C/R RT zones D1 TF