XAAUSD (Gold) buy opportunity
Gold market structure is showing bullish momentum in the short term after the drop in election season. Price has printed a head and shoulders pattern on the higher time frames and is now printing an inverse head and shoulders as well on the retracement. With tensions in Ukrain and Russia still at war, the fundamentals could push price back to the highs with the market uncertainty.
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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.