OANDA:XAUUSD   Gold Spot / U.S. Dollar
Contrary to what many think, I can see that the Gold market has formed an SMS, and the market has failed to cross this region and form a new high, based on some analytical confirmations, I can see the market falling into the various zones as outlined by the black horizontal lines.

I see the market falling to as low as the 1723 zone and further to the 1713 area.

What are your thoughts?

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