XAUUSD POTENTIAL OPPORTUNITY AROUND THE CORNER!!! DON’T MISS IT
Taking into consideration, the market condition for the past 3 months+, we can deduce the trending nature of Xauusd from 2380 to the all time high price of $2,780 before it recorded a rapid decline in price which took 50% retrace of the impulse move to the upside when measured with fibinacci tool from 2380 to 2780. Going into new week. We approach the market with caution. As we watch closely, how market participants are likely to react to the present market conditions. Whether buyers are likely to take up the price higher or this recent pullback is just a setback for buyers thereby making price to dump lower.
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