XAUUSDT

when it comes to gold currently its stil in accumulation the way i see it.

After making a double top near 4800 it dropped down a bit below 4700 then went back above it but i still think it would retest 4640-4670 level and if it fails to hold i expect it to go down to 4550. The worst scenario would be it falling to 4200 which i expect it to do before going for new ATH. For gold and silver the current news coming from the middle east makes them more volatile than ever so be careful with laverage.

At the moment i wouldnt recommend any trades untill it clears the trend but for a scalp a i would suggest a short to the 4640-4670 zone with sl set at 4735.

#xau #XAUUSD $XAU

XAU
XAUUSDT
4,749.77
-0.38%