Gold - The correction is not over yet!
Gold OANDA:XAUUSD
🎉Gold (
XAUUSD
) is still heading for a final drop:
🔎Analysis summary:
The underlying trend of Gold still remains clearly bullish. But despite the recent correction of about -30%, Gold is still not testing a support level yet. It seems to be quite likely that Gold is first heading for a final -20% correction before creating a major bullish bottom.📝Levels to watch:
$3,500Keep your #LONGTERMVISION🙏
— Phil (@TheTraderPhil)