My last analysis was accurate as market moved strongly up according to the tunnel:
Price went up and and exceeded 200EMA.
In short-term "hour intervals", price will move down.
However, in long-term (daily chart) I expect price of gold to move up according to new, bigger tunnel.
Price went up and and exceeded 200EMA.
In short-term "hour intervals", price will move down.
However, in long-term (daily chart) I expect price of gold to move up according to new, bigger tunnel.
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Prediction was very accurate, XAUUSD moved up.
Expect more upward move in next few days then price will mode down as have to correct. Stay in tunnel and stay tuned ;)
Expect more upward move in next few days then price will mode down as have to correct. Stay in tunnel and stay tuned ;)
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