gold to make a reverse above 1986 if it break 1980 again

19 Jul 2023

#XAUUSD is showing a bullish movement above 1986 limit, the price formation have made a -5.01 on open p&l and the risk/reward on 0.12 price impact can hold between the 1975-1968 which is a second wave formation, but if possible a bearish movement can continue because the old chart trend all shows bearish movement, but a retest is possible to affect above 1981.67 then we may expect gold above 1986 which is a bearish confirmation.

If Gold make a reverse back to 1980 then bullish confirmation is confirmed above 1986