GoldPipsPredictor
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GoldPipsPredictor
As we saw in last week gold made a rectangle and breakout it H1 and hit 2726 where we seen a fakebreakout of double top in H4 but gold dropped suddenly and breakdown these all levels and again enter into previous rectangle zone now in next move we can see big fall till give target into chart and we can wait for 2483 also as gold is running in bearish trend
GoldPipsPredictor
Gold prices climbed further, driven by escalating Middle East geopolitical tensions and a Wall Street selloff boosting safe-haven demand.China likely acquired over five tonnes of gold in Nov, according to the PBoC report.Upcoming central bank decisions in Canada, the EU, Switzerland, and the Fed are expected to heighten gold price volatility as investors await key economic signals.XAUUSD firmly broke above its sideways range, with higher swings and diverging bullish EMAs indicating its bullish momentum.If XAUUSD surpasses the previous high at 2720, the price could rise toward its resistance at 2750 before a potential bearish reversal.Conversely, if XAUUSD retraces, the price may dip to 2680 before continuing its uptrend.1M liquidity found on 2720 and 1M+ liquidity found on 2750 so move is confirm
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