XAUUSD - Top Down Analysis

٦ يونيو

All timeframes show gold is holding above the 200 SMA which is a strong bullish indication.
Furthermore, correlating assets such as BTC, US30 and DXY also confirm that gold is likely to continue higher.

My bullish target is around the 2400 level. At that point, we need to wait and see what happens with our fundamentals.

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