XAUUSD Gold Update: Potential Retracement
Our Daily Chart - Cup & Handle Pattern - worked well and achieved the targets.
Under the current fundamentals, we keep our long term target unchanged " 2000 $- 2200 $"
However, for a healthy and sustainable rally, XAU may retrace and make a correction before the new bullish run.
Potential retracement levels:
Black Swan 2.24 BC at 1.882 $
MM H4 +2/8 AT 1.890 $
Good Luck!
Under the current fundamentals, we keep our long term target unchanged " 2000 $- 2200 $"
However, for a healthy and sustainable rally, XAU may retrace and make a correction before the new bullish run.
Potential retracement levels:
Black Swan 2.24 BC at 1.882 $
MM H4 +2/8 AT 1.890 $
Good Luck!
For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq
Link to services and products: linktr.ee/chartreaderpro
Link to services and products: linktr.ee/chartreaderpro
