#XAUUSD base on our analysis today on gold, the price seems on a long bullish movement above 1975 limit which will create more space for bearish confirmation but first if the prices needs to rise above 1975 its need a decline wave below 1944 to start its bullish movement because its have three pattern trend confirmation there which will determine the weakness of the second trendline which have become strong now, possible if the price didn't make any force on buying if the 1952 decline in H2 and head below 1948 then its been confirm on a bullish movement.
The 1939 low target is if the price holds below 1947 in H1.50 then possible it will drop below there.
The 1939 low target is if the price holds below 1947 in H1.50 then possible it will drop below there.
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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.