We see a visible path to 3500 on the xauusd market.
After the breakout at 3400 which extended to 3440's clearing a solid supply zone, gold then had a retracement and rallied back to 3420's which has a solid outlook on the 4hour time frame.
Do not forget that today is friday so dont push the moves .
.......Further breakdown on the lower timeframe
After the breakout at 3400 which extended to 3440's clearing a solid supply zone, gold then had a retracement and rallied back to 3420's which has a solid outlook on the 4hour time frame.
Do not forget that today is friday so dont push the moves .
.......Further breakdown on the lower timeframe
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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.