XAUUSD corrected to 2680 after briefly retesting the previous high, indicating a mean reversion before continuing its surge.
If XAUUSD sustains above 2680, the price may continue consolidating before resuming an uptrend.
On the contrary, if XAUUSD closes below 2664, the price may shift to a downtrend.
If XAUUSD sustains above 2680, the price may continue consolidating before resuming an uptrend.
On the contrary, if XAUUSD closes below 2664, the price may shift to a downtrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.