Mr Charlie Gold Weekly Technical Analysis
The release of Economic Data Sparked XAUUSD Surge Breaking Above the previous High and Clearing The Previous week's High indicating a clear Upward Momentum. With the market reaching the key resistance Zone at 2416.00 I believe it's prudent to Wait for pullback Before anticipating the continuation of the bullish trend. I expect a correction towards the support area between 2370 where we can look for Buying opportunity to Confirm to aim to the Target 2350
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