Gold Is Still Rising On The Daily & 2019 Retrospect

Although on the lower time frames ( LTF ), gold is making some corrections, however xauusd is in impulsive wave on the daily. XAUUSD will attempt to re-test the recent swing high above 1611 to check if this level will hold the price. If the level is violated, we can see more highs, but if rejected, then gold is likely to start a daily correction before another rally to upside or downward. Looking at 2019, almost similar LTF correction is observed early in the year with gold still able to make higher-highs in February before there is a correction from March through June.

N.B
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