Gold has been observed moving within the 3528 – 3532 range, with limited upside movement. Meanwhile, a potential correction still appears likely, targeting the 3542 to 3545 area, which aligns with the 0.50 Fibonacci retracement level on the intraday chart.
Recommendation:
Sell XAUUSD
Sell Limit: 3542
Take Profit: 3495 or lower
Stop Loss: 3562 / 3566
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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