A strong downward wave, $XAU finally responded strongly from the $4,000–$4,150 buy zone.
Now the price is around $4,385, and the buyers are trying to turn this pullback into something bigger.
Levels I’m watching:
$4,550 first
then $4,700–$4,800
If the momentum really breaks out, focus will be on $5,000+.
The rebound has started… and now the bulls need to prove they can keep it alive.
#XAU
Now the price is around $4,385, and the buyers are trying to turn this pullback into something bigger.
Levels I’m watching:
$4,550 first
then $4,700–$4,800
If the momentum really breaks out, focus will be on $5,000+.
The rebound has started… and now the bulls need to prove they can keep it alive.
#XAU