gold to hold between second and first trend

17 Jul 2023

#XAUUSD prices is still awaiting a pull back below 1943 limit which is a double retest but now its going on a different wave pattern which is holding the retest between 1953-1955.78, now let's follow between the second and first trend which is weak on both sides if the price holds between the 1953-1956 in H2 then we expect a buy above 1961.56 limit but if possible gold drops below 1952 limit again then its the final reverse which will occur on 1955 limit, we may expect a pivot support below 1937 today because it has become strong.