GOLD: Price Development Within The Pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD: Price Development Within The Pattern

The price is developing within a corrective pattern.

A strong support zone is found near 1918 and it can likely grow further again in order
to develop more the pattern.

Considering that tomorrow we have also the U.S CPI data the price may grow further because the market is not expecting stronger data.

So let's see

Thank you and Good Luck!

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