$XAU What's happening in Gold?
Last week ended with a new all-time high (4988)
The new week's opening (5024) left a gap
The Asian and European sessions were in the distribution phase, which eventually ended with a downward movement and a gap closure
A quick rebound and return to the distribution zone may indicate that the upward movement is not yet complete
The projection of yesterday's pullback upward points to the 5183-5214 zone, with a possible surge higher
After such a strong upward movement, I expect a correction by the end of this month
So let's see how this month ends
