XAUUSD - My Outlook
Gold is globally bullish but a little retracement is needed to fire it up. I see price dropping to 1910 - 1930 area. I will monitor price action and open buy position with low and predictable risk. I do not see price going below 1860 at least in the foreseeable future. I could be wrong though.
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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.