XAUUSD

٦ ديسمبر ٢٠٢٤

Gold has been on a consolidation phase since Monday open. Before gold reached it's all time high it was on a consolidation phase same as BTC. Am not saying we could see another new high form, but we can see a proper move that can be capitalized on. A break above the 2666.288 level with a proper retracement and a bullish engulfed candle can see price to push towards the upside, CONVERSELY a break below the 2605.309 with a proper retracement and a bearish engulfed candle can see price go towards the down side.