XAUUSD New ATH!!!
XAUUSD New ATH!!!
Gold OANDA:XAUUSD
The chart might seem to be very confusing, but try an focus on 2 things.
1. Redbox, which is indicating a sideways market
2. Price has perfectly retested on fib levels, which I have marked using an arrow.
On Friday’s closing, the price has shown a huge move, and I am expecting a bullish move to continue because of price action and fundamental news. Later, the U.S. dollar is weakening, and although the Fed rate cut move trapped all the buyers and sellers, I am still expecting a bullish move on gold