Gold: Is Another Powerful Rally About to Begin?

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Gold: Is Another Powerful Rally About to Begin?Spot GoldTRADENATION:XAUUSDWeTradeWAVESGold’s recent decline appears corrective following the strong advance from the August low. The current structure resembles earlier pullbacks that were followed by renewed buying, suggesting the next bullish leg could carry price back toward the 4,470–4,490 region. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.