XAUUSD why Pumping?
FOMO buyers are disregarding fundamental factors and purchasing gold based solely on psychological impulses. This may signal a counter trend correction, with gold remaining bearish below the 2035 level. Notably, a 50% correction is around 2026, followed by a 60% correction near 2035. Gold is expected to maintain its bearish trend unless it surpasses the 2050 mark. Keep an eye on the FOMC minutes this week
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