GOLD (XAU/USD) – Week 36 – Waiting for a correction.
In our previous forecast, we expected Gold to slowly continue the bullish momentum before making a deeper pullback. Instead, the pair continued the uptrend only making a small correction. In the coming week, we are eventually expecting a trendline breakout that would increase the chances for a deeper correction to occur. Trade with care.
Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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