XAUUSD Daily Analysis (4H time frame)
We expected gold to rise to 2563 and it happened, gold broke above this range. We saw the trend of gold as bullish generally, and now it is at 2585 levels.
it looks like gold is going to reach these zones 2593, 2608 and 2621, we expect small correction from this 2593 but deep retracement from 2608.
And it should be said that according to Ichimoku, the trend of gold in the long term is still upward.
it looks like gold is going to reach these zones 2593, 2608 and 2621, we expect small correction from this 2593 but deep retracement from 2608.
And it should be said that according to Ichimoku, the trend of gold in the long term is still upward.
Note
We were waiting for a pattern from Ichimoku to fall from 2620, but the pattern did not form, and in the higher time frame, the trend is still upward. There is still the possibility of touching the 2700 range.
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