The price perfectly fulfilled my last idea. It hit the target level. GOLD is currently testing the previous week's high, where we witnessed a sharp move downward previously. Given the high-impact news scheduled for today, there is a possibility that the market may pull back after testing the PWH. I think that the market could retest the psychological level at 2400 before potentially moving higher. The price action created a small box, indicates that the market is anticipating the upcoming news. Therefore it's essential to exercise caution. Overall, I expect a potential pullback followed by a continuation of the current bullish trend, depending on how the market reacts to the news today. My goal is resistance zone at 2443
📊QUICK FUNDAMENTAL LOOK
Gold prices XAUUSD advanced for the second straight day today, eclipsing the $2,420 level, up more than $40 from yesterday’s opening level of $2,377 per ounce.
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