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Gold Analysis- Quick Update

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As I said yesterday, Gold looks bullish overall, not just on XAUUSD.
Right now, price is correcting after Friday’s huge rally – perfectly normal. The key level to watch is 3350 for buyers to step in.

For confirmation, we need a break above 3380. If that happens, I believe 3400 will fall this time, and in the medium term we could even see a test of the old 3500 ATH.

At the moment I’m out of the market, waiting for a trade that’s worth the risk. Patience is also a position. 🚀

Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.

Dagangan aktif
XauUsd reversed exactly after touching 3350 zone.
Clarification comes with a stabilization above 3380

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