08/26/2024
XAUUSD: Long-term view👀
XAUUSD is benefiting from the current geopolitical tensions in the Middle East, and technically, it is holding above the $2,500 level.
On the chart, we notice that the price is trying to form an inverted head-and-shoulders pattern or a triple bottom on the daily time frame. From a long-term view, the price may break the neckline shown on the chart and go to higher levels.
T.me/forexeasywin