The $4,000 barrier has been broken just like that! This gold rebound has too much hot air—keep your hands off and wait until $3,600–$3,400 before making a move!
$XAU Gold
If support at $4,000 breaks on a shorter timeframe, the rebound may be over, with prices likely to keep falling or move sideways. The low of this move should not be regarded as a bottom.
From a long-term perspective, stick with the plan to enter in the $3,600–$3,400 range!
$XAU Gold
If support at $4,000 breaks on a shorter timeframe, the rebound may be over, with prices likely to keep falling or move sideways. The low of this move should not be regarded as a bottom.
From a long-term perspective, stick with the plan to enter in the $3,600–$3,400 range!
