Hey everyone,

Just wanted to share my latest observation. I initially anticipated an upward trend for XAU/USD, as mentioned in my recent post:

xauusd ⇒ seems bullish



Gold has experienced an upward surge, and I interpret the last covering candle as the beginning of a minor correction.

I've identified two short-position targets:

2014.23
1995.58
Keep an eye on the last target, as it could mark the starting point for another upward movement!

Cheers!"

______________________

always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

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הערה
תמונת-בזק
עסקה סגורה: היעד הושג
the first target touched
עסקה סגורה: היעד הושג
touched all targets
עסקה סגורה: היעד הושג
it is running toward the long position's target!
עסקה סגורה: היעד הושג
the long position's target touched!
Beyond Technical AnalysisChart PatternsGoldgoldanalysisgoldsignalsmelikatraderTrend AnalysisXAUUSD

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