XAUUSD Weekly Analysis Dec 7-11

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold eyeing 1850.00. Upon a failed break above 1850.00 Gold will drop to retest the H4 bullish order block at 1770.00 If price doesn't break below 1764.54 price price will range between 1850 and 1770. Otherwise price could touch 1729.864 which is the Fib target 2. Further downside will see price touch the symmetric of the fib.


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