XAU/USD- Gold
Dt- 06th Dec 2022
XAU/USD as analyzed and predicted earlier hit our target of 1805 yesterday, in fact, it went as high as 1810. But then it underwent a healthy correct, in fact, a much-needed one, and went as low as 1768 but did not breach the 200 moving average on the daily chart as shown, which is a healthy sign and the bullish momentum still favors XAU/USD. But for the time being, it might trade sideways.
Disclaimer- Not financial advice.