FX.co ★ XAU/USD, GOLD

Hello traders! In the GOLD market, from the perspective of wave analysis, a descending trend has formed at a lower wave level, and there are no prerequisites for a reversal. To resume the growth structure without anomalies, a retesting of the local minimum at 3886.00 is required. Only after this retest, there will be a possibility of forming any bullish patterns.