On the 1-hour timeframe, I anticipate that XAUUSD remains vulnerable to further correction, at least to retest the 3303–3322 area. Subsequently, as long as XAUUSD is able to stay above 3273, there remains a short-term opportunity for a rebound toward the 3356–3376 area.
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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.