XAUUSD | Price Analysis: Correction or Reversal? | METALS
Hi, traders. Thanks for tuning in for today’s update. Today, we are looking at gold on the daily chart.
Today’s focus: Gold
Pattern – Correctional phase.
Support –
Resistance – $2394
We have reviewed recent price actions and our thoughts on what we are seeing and looking for moving forward. Is this just a bout of profit-taking that will kick off a new trend?
The next rally is key for us and could give us signs depending on what we see from the price.
XAUUSD Price Analysis: Correction or Reversal?
Good trading.
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