Much to the contrast of many of the traders I follow, I have foreseen this correction. I expect the price will continue to trend downward until it reaches the bottom of the pitchfork which coincides with the fib levels. That being said, I believe that after this correction we are going to see massive and wild growth, reaching higher highs and higher lows and all-time highs as well. Buckle down, because the feds refusal to keep interest rates high will ultimately flock traders to XAUUSD once they realize a soft landing is not possible.
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