Gold (XAUUSD): Important Zone to Watch 🟡

7 May 2023

Gold is trading in a bullish trend.
As I predicted, the market set a new higher high higher close this week.
A correctional movement started then.

Ahead, I see an important zone of confluence:
the underlined area on the chart is based on a rising trend line and a horizontal structure.

I will expect a bullish movement from that area next week.
Goals: 2037 / 2060


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