GOLD XAU Intraday LONG

Price is in the minor phase and it should remain until it breaks the weak high (in theory) of 1987.7. Otherwise, price will be in a complex pullback phase

Price is tapping into the extreme supply H4 of the pullback wave. We can expect a deep pullback that may sweep the equal lows and mitigate the demand chain below and then back to the bullish move.
Trend Analysis

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