Is Daily Rejection Sufficient For Gold's Price To Retest High

XAUUSD recently peaked at 1987.53 before seeing a decline. However, the last week's Thursday/Friday's price rejection at a crucial support level often hint at potential price to re-test the recent high.

Given this rejection at the support level, the pertinent question is, will gold gearing up to retest its recent high at 1987.53?


N.B!
- XAUUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades