Gold's recent pullback signals a sub-wave 1 extension of Wave 5, supported by strong demand and bullish momentum. Weakening DXY and rising Japan bond yields confirm a shift to safe havens. With no sell signals, gold is poised for another rally, targeting higher levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.