XAUUSD analysis

XAUUSD is correctly approaching the all time high from the monthly timeframe but a pull back occurred and a deeper test of that wick is possible, it also have a nice impulse and correction to the 0.786 of the Fibonacci retracement and another impulse on the weekly timeframe to the -0.272 Fibonacci is expected.

Technically, XAUUSD is bullish.
Watch your fundamentals carefully.