XAUUSD broke above the range zone and made an impulse move. The market updated swing highs and fixed above the 2100 level. I think that the price reached the point where it might most likely pullback. If the price makes a fake breakout, then we can expect a correction. I expect the price to pullback toward the support level or swap zone, then move higher to retest the all time high levels. My goal is resistance at 2148.435
📊QUICK FUNDAMENTAL LOOK
Gold continues to build on gains over the last two trading sessions where the precious metal rose just under 3.5%, or by $70. Gold prices are not far from the all-time high reached in December of last year and the recent uptick in volatility has some parts of the market expecting a retest of the significant marker.
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