Gold (XAUUSD): The Correction! 🟡

snapshot

Gold went too overbought on Friday.
The price finally dropped, forming multiple high momentum bullish candles.

The market broke a minor rising trend line and closed below that.
It looks to me that bears may push the price even lower on Monday.

Next support will be 1989

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Candlestick AnalysisElliott WaveGoldgoldlonggoldshortgoldsignalsgoldtradinggoldtradingstrategyTrend LinesXAUUSD

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