$XAU gold bullish Idea 📈
Gold is currently forming a potential bullish harmonic pattern near what could be the "Wave 5 bottom". If this setup plays out as expected, we may see the start of an ABC corrective structure.
My first target for the "A wave" is around 4,600, where price could face resistance. From there, a pullback may develop into the "B wave", followed by another upward move to complete the "C wave" of the correction.
As always, wait for confirmation and manage your risk before entering any trade.
Not Financial Advice.
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