Hello traders, what are your thoughts on GOLD? This week, gold has not experienced significant fluctuations and has mainly revolved around the $2025 price level. However, at the current time, gold has completely broken the support levels of $2021 and $2022, as clearly indicated on the chart. Currently, on the price chart, it is hovering around $2021 and marking a decrease of 0.12% for the day. In this regard, with the DOW pattern, I expect it to increase at least to the Fibonacci level of 0.618 and then anticipate a drop to a designated level. Finally, I wish you all profitable trading.
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