Ounce made a new ATH last week. Currently, it is involved in a monthly target that I specified for you with the help of Fibonacci extension. The beginning of the Fibonacci extension is the price of $252 on August 2, 1999
There is a possibility that we will have a price correction in this area, but if the price stabilizes above $2,713, it can continue to rise.
The next target in the monthly timeframe of XAUUSD will be the range of $3,745, which can be thought of as a long-term view.
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