Gold price update: Losing more than 800 pipsHello friends,
Yesterday, gold experienced a significant drop, losing over 800 pips and breaking through the crucial 2300 USD support and psychological level.
Gold's recent movement created a false breakout, misleading many investors. Looking ahead, we anticipate a retest of the 2282 USD level, followed by a mild recovery in line with basic wave structure patterns.
What are your thoughts on gold's future movement?