#XAUUSD the price have form and heading below 1937 which is a bearish decline pattern, more of decline which will be available is a retrace move which possible to rise above the 1958 limit. the price there show a three double formation which will bring down gold to 1923 long target but first a retracment will occur above the 1958 limit possible a wave decline. the USD have been strong so the expected is for a reverse level which will affect on second trend to become bullish on gold. our expected price move is 1958 bullish target
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.