My last analysis was accurate as market moved strongly up according to the tunnel:
Price went up and and exceeded 200EMA.
In short-term "hour intervals", price will move down.
However, in long-term (daily chart) I expect price of gold to move up according to new, bigger tunnel.
Price went up and and exceeded 200EMA.
In short-term "hour intervals", price will move down.
However, in long-term (daily chart) I expect price of gold to move up according to new, bigger tunnel.
Trade active
Prediction was very accurate, XAUUSD moved up.Expect more upward move in next few days then price will mode down as have to correct. Stay in tunnel and stay tuned ;)
Trade active
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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.