The Bulls have started taking a breather on the precious metal XAU/USD and will retreat to its first support by early Next week, which would be the $3,000 mark. Once surpassed, the next stop would be the February 20 daily high at $2,954, followed by the $2,900 mark. Conversely, Gold rising above $3,050 would pave the way to challenge $3,100.
hoping that my analysis is correct I will place a sell order and My
1st Tp @ 3,000 zone
2nd aggressive trailing tp would be @ 2,950 zone