Hello traders, what do you think about gold? An important resistance level in the 1927 region is expected to decrease at least to the prescribed level and then increase as prescribed.
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good luck everyone
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XAUUSD is testing the upper boundary of the global descending resistance again at the end of last week. The retest occurs at the moment of strong news, but the key candlestick pattern is formed exactly at the moment of FED & FOMC speech, as a result of which the market determines the further prospect of strengthening the dollar and hence - the fall in the price of gold.