BullBearMkt

Is Gold In Corrective Wave On H4 Before Another Big Move?

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OANDA:XAUUSD   金/米ドル
Gold seems to start building a bullish wedge on H4. Now expecting the price to re-test its recent swing high before being rejected. If the rejection occurs, then the precious metal most likely will test the lower channel of the wedge before making another upward movement. However, all these might change if there is escalation of on-going US/Canada/Ukraine vs Iran dispute.

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