THE WEEKLY XAUUSD ANALYSIS - PROGRESS_FX

6 באוג׳ 2023

From the look of XAUUSD market movements, you will understand that the price is going sideways as envisaged last week. Based on the up and down price movements within the impulse correction trendlines on H4, the price of XAUUSD is going to bullish to between 1960 - 1970 suppression or upper impulse correction lines when the XAUUSD market opens next week. Probably. the sellers may come in thereafter.

Also, a wave seems to be developing on 1D. Trade wisely. - Progress-FX