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Gold Bullish: Await Retracement for Confirmation

Or / Dollar Américain (PEPPERSTONE:XAUUSD)  
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PEPPERSTONE:XAUUSD   Or / Dollar Américain
Gann Technical Indicators Trend Analysis xauusdshort xauusdlong xauusdsignal xauusdupdates xauusdsell
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gann indicator trendanalysis xauusdshort xauusdlong xauusdsignal xauusdupdates xauusdsell
The current high in gold isn't yet confirmed as a major high, necessitating a retracement for confirmation. There's a possibility of a pullback to retest the level around 2195, providing confirmation for a bullish trend before considering buying. If the price fails to respond to this retest level, it may drop to the major H4 level at 2170 before confirming a buy signal. Wishing you good luck for this week's trading.
Commentaire:
Gold may retest to the 2216- 2205 area.
Commentaire:

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