EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
Gold has been bullish since DEC 2022 up until MAY this year when we broke the all time high on gold. suggesting the bearishness is a pullback to deliver higher pricing. but for the mean time on the daily we are still bullish considering the last low has not been taking out. We are just at the 50% retracement of the initial move but 4H is still bearish following 4H structure we expect a sell but knowing fully well where we are on the higher timeframe. Some sort of bullishness is expected even if its just short term.

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