Pacorabs

Gold Correction (Update)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is struggling to break above the prior ATH of 1921, and has broken beneath my March Uptrend line - it opened and closed beneath this yellow trend line on Friday.

If we don't get support form the 100 D MA, downward pressure will likely extend to 1843-1855. Let's see how the week goes!

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