In my recent analysises I warned that a significant correction is xauusd correction in xauusd prices was inveitable. True to this predication the election of Donald Trump triggered a sharp 1000 minus pips dropin xauusd value However yesterday the market rebounded strongly recovering 700 pips from that intial decline.
The big question now is wether this correction has run its course in my view we may have reached a bottom and xauusd could be poised to resume its overall uptrend. im currently looking for buying oppurtunities on dips.
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