Gold- Waiting for s trigger for a new leg up
In my yesterday's comment, I wrote that is not advised to sell into a possible correction, instead buying dips should be the better approach.
The price corrected, indeed, towards 2030 support and quickly got back to 2040, suggesting 2025-2030 is a strong floor for XauUsd.
The recent drop from 2052 top to yesterday's low is clearly corrective in nature and a new leg up is to be expected.
My idea remains the same: buy dips and only a daily close under 2020 would negate this bullish scenario.
The price corrected, indeed, towards 2030 support and quickly got back to 2040, suggesting 2025-2030 is a strong floor for XauUsd.
The recent drop from 2052 top to yesterday's low is clearly corrective in nature and a new leg up is to be expected.
My idea remains the same: buy dips and only a daily close under 2020 would negate this bullish scenario.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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