XAUUSD Long
XAUUSD In light of my latest analysis of the gold market, it is evident that the price has undergone a correction. For those who have invested, it is recommended to exercise patience while awaiting further corrections. In particular, the daily timeframe reveals a shooting star candle, which is confirmed by the subsequent candle. This shooting star candle has formed in a significant resistance zone, indicating that the price may decline to the gray zone or green trend line. Subsequently, a bullish trend is anticipated. It is highly probable that the price will surpass the red zone.
I would appreciate your input on this analysis.
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