OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello friends. Last week I made a prediction of the possible path of gold. It moved largely upwards but could not break the white bearish trend line and returned to its support area.
However, after the fall, it could not break its support floor, and this support area is located on the 0.618 Fibonacci level of the previous uptrend. So it may end its downward trend in these areas. However, many factors affect the price of gold, and only technical can not help us.
This time too, I have personally drawn the possible path of gold in the coming week, maybe it will help you in your decisions and transactions. If you think so, support us with likes and comments. Thank
In which direction do you think it is moving?
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