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MonoCoinSignal
Jun 14, 2022 11:47 AM

XAUUSD - Analysis 

Gold / U.S. DollarFOREX.com

Description

Hello to all members of TradingView and my followers.
By examining the trend in the daily time frame, what is evident is the completion of a correction pattern in the price range of 1880-1867 dollars.
All dimensions show the continuation of the downward trend and price decline.
If this scenario is correct, we can expect the price of gold to fall to the range of 1780 and 1760 dollars.
Climbing and stabilizing above the range 1845-1853 at the same time will indicate the continuation of this neutral trend.

If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Comments
UnknownUnicorn15614419
Excellent chart
DeGRAM
Thank you for sharing
Mihai_Iacob
Yes, I also expect a drop to 1780 for Gold, 1850 should provide strong resistance.
Thanks for posting
KlejdiCuni
Thanks for sharing. I really like it.
KaltoireCapital
Excellent analysis. Keep up the good work
yonsfx
Amazing ross
TheTradersAvenue
Great stuff mate!
Solldy
The idea was not too informative. In general, many of the arguments I have already noted for myself, but supported my vision) Thanks for your publication, my friend!
TheSignalyst
I agree, we are still bearish unless we see a break above 1880
RLinda
Good chart. Thanks)
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