💡 XAUUSD: Forecast March 28
Updated
Gold prices did not slide down as expected after the mentioned bearish signals, including the bearish pin bar pattern on daily and the head and shoulders pattern forming on H4. The buyers are pushing the price towards the 2200 resistance zone, threatening to break this resistance. We have many bearish signals but they are not significant as they cannot break the upward trendline. Short-term targets are 2210 and then 2220 respectively if price confirms the strong bullish pattern.
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