gold will make a tand back below 1950 but we wait to know in H2
#XAUUSD the price have made a third time retrace back to 1961 limit, now let's expect a pull back on gold below the 1950 limit the second trend is now weak which will result in an open price decline below 1957 first before a two wave formation will occur, but if possible gold make a movement above 1964.78 then gold can break the 1969 limit to hold on buying points. The price possibilities is between the decline and formation wave but we decide in H2 to know if gold will break the 1964.78.
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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.