XAU/USD Daily Analysis
Price double topped at $2720 over November and December 2024.
Currently, price looks to be correcting in the form of a flag pattern after a bearish impulse from $2720.
A break lower could see a further drop in value to $2560 which was support (also in November 2024).
Currently, price looks to be correcting in the form of a flag pattern after a bearish impulse from $2720.
A break lower could see a further drop in value to $2560 which was support (also in November 2024).
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Low-Cost Trading, for everyone, everywhere.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.