Expected take profit of 1641. XAUUSD finished last week with a clear head and shoulder formation which calls for a drop this week. The dollar is also expected to recover from its bearish trend last week so gold would naturally do the opposite.
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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.