XAUUSD saw a strong Asian session rally, creating a new all-time high of 2942.72 before pulling back.
The current daily wick is 260 pips, indicating a potential buy-the-dip opportunity. Intraday targets will be trading wick rejections from 2900, 2918.34, and 2940, with 2950 as the upside target.
Watching for price action confirmation before entries.
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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.