Our Daily Chart - Cup & Handle Pattern - worked well and achieved the targets.
Under the current fundamentals, we keep our long term target unchanged " 2000 $- 2200 $"
However, for a healthy and sustainable rally, XAU may retrace and make a correction before the new bullish run.
Potential retracement levels:
Black Swan 2.24 BC at 1.882 $
MM H4 +2/8 AT 1.890 $
Good Luck!
Under the current fundamentals, we keep our long term target unchanged " 2000 $- 2200 $"
However, for a healthy and sustainable rally, XAU may retrace and make a correction before the new bullish run.
Potential retracement levels:
Black Swan 2.24 BC at 1.882 $
MM H4 +2/8 AT 1.890 $
Good Luck!
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Link to services and products: linktr.ee/chartreaderpro
