Will XAUUSD Continue to Pullback?
When the XAUUSD 4-hour chart is examined; It is observed that the price movements continue with the M formation below the resistance zone. As long as the Gold Ounce price cannot exceed the 2943 level, it is evaluated that the price movements below the 2912 level can break the 2851 level and retreat to the 2802 level.
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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.