AleksandrLombrozo

XAU/EUR weekly analysis

Short
OANDA:XAUEUR   Gold/EUR
Although this forecast might take months to be accomplished the pair is most likely to behave one of the following ways.
Either it goes down to the trendline of the pattern, consolidate and make a big move down.
Or it goes down to the trendline of the pattern, consolidate and make one last move up before going down.
I think we will have to come back to this chart in a year to see the outcome.

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