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FX.co ★ king.zelda | XAU/USD, GOLD

XAU/USD, GOLD

Hello traders! In the GOLD market, from the perspective of wave analysis, a descending trend has formed at a lower wave level, and there are no prerequisites for a reversal. To resume the growth structure without anomalies, a retesting of the local minimum at 3886.00 is required. Only after this retest, there will be a possibility of forming any bullish patterns.

XAU/USD, GOLD

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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