XAU - Gold price is falling according to tonight's news trend?
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday.
According to analysis
GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5.
Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite.
ZONE SELL: 2358 - 2362
ZONE BUY: 2308 - 2312
ZONE BACKOUT: 2324
Good luck my Friend
According to analysis
GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5.
Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite.
ZONE SELL: 2358 - 2362
ZONE BUY: 2308 - 2312
ZONE BACKOUT: 2324
Good luck my Friend
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