MARKET OULOOK ON GOLD.

18 mar 2023

Here is GOLD XAUUSD chart in H4 timeframe. Price is in completion of the fifth wave up that is mostly likely to be extended fifth wave. At the same time price is approaching a very significant level where it was rejected several times in the past. Here price is mostly likely to be rejected first before it progress to the upside. The expected rejection will be in a corrective mode.