OANDA:XAUUSD   Gold Spot / U.S. Dollar
FORECAST: Price bounce from FIBO 38 and making upward wedge and third rejection from the trendline and overall trend reverse from previous support of November 2020 and heading toward the original resistance of 1945, You can already see how, having touched the support line, the price of Gold begins to grow. I am confident that, despite the collapse, the price will return to its previous positions, that is, it will rise to the next resistance zone which is 1952, so the short term target will be 1875

Many confluence confirmed UPTREND

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Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.


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