elementec

Gold probably corrects to 1750 before 1850.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices have rallied more than 7.5% off the yearly lows with XAU/USD attempting to mark a fourth consecutive weekly advance. The rebound off downtrend support is now testing downtrend resistance and we’re looking for a pivot off this zone in the days ahead for guidance. it may probably correct to 1750 before 1850.

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