🔰 Pair Name: GOLD/XAUUSD
🔰 Time Frame: 1H/4H
🔰 Scale Type: SMALL Scale
🔰 Direction: LONG/BUY
Gold has effectively reached the nadir of its preceding downtrend, marking the culmination of the fifth wave. Projected analyses suggest a forthcoming bullish surge, marked by a potential reassessment of the 4-hour supply threshold situated in the approximate range of $1929. It is prudent to exercise circumspection, opting to await the imminent release of CPI data before formulating any prospective market strategies. 📈📉📊🪙 #GoldAnalysis #MarketTrends