Gold (XAUUSD) is trading within an Arc pattern on the 1H chart (RSI = 67.119, MACD = 1.180, ADX = 66.775) since the July 8th High, which is the longest consolidation it has done so since June. The MACD is on sideways bias and as long as the Resistance is not breached, we expect a new Higher Low (at least) at 1,800.
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