XAUUSD - Are we done with the Correction ?

٢٩ ديسمبر ٢٠٢٠

This is the current question when we have a look at Gold. The price is right now at the weekly Resistance Level and from a daily perspective the price looks like it is going to drop down. But we do not have further confirmations yet. Therefore I am not interested in trading it right now. We could expect right now both direction because the whole structure is still bullish.

My recommendation:
Wait for more confirmation.

What do you think?