XAUUSD July 2, 2024 will the price continue to increase?
Looking at H1, we see that the price is having a recovery to the 2334 area. Looking at the recovery candles, we see that these are short-bodied candles, which proves that the price momentum is weak and will not make the price go far. Okay
- Looking at the overall price correction, the price is in a Flat correction model. With this model, we continue to expect the price to complete wave C before continuing.
We continue to wait for the price to touch the target of wave C at the price range 2311 to 2304 to enter a Buy order.
- Looking at the overall price correction, the price is in a Flat correction model. With this model, we continue to expect the price to complete wave C before continuing.
We continue to wait for the price to touch the target of wave C at the price range 2311 to 2304 to enter a Buy order.
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