XAUUSD May continue to grow, Sellers be careful.
Gold's rally has been remarkable so far and current price action indicates that the rally is probably not done yet.
So, XAUUSD may continue to rise to all-time highs in the next few weeks over global economic concerns.
At this point, there could be a pullback and consolidation though which should be considered a correction and not as a trend reversal.
So sellers must be careful about selling. Fresh buyers, on the other hand, must wait for a pullback to happen before buying.
So, XAUUSD may continue to rise to all-time highs in the next few weeks over global economic concerns.
At this point, there could be a pullback and consolidation though which should be considered a correction and not as a trend reversal.
So sellers must be careful about selling. Fresh buyers, on the other hand, must wait for a pullback to happen before buying.
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