XAUUSD | Old Update Huge Accumulation Working Out!

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Huge accumulation we have on Monthly Chart working out and we nearly tested the Horizontal Resistance Zone. Things here might go two ways.

First option we break the Horizontal Resistance and continue upside.

Second and most likely option to take a correction at least to the Horizontal Support zone and probably to produce some ranging, because in this case we will stuck between to extremes and none of the Horizontals is expected to be broken with a first attempt

Sharing with you the old update on this Huge Accumulation situation

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.