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ChartMakerPro
Jan 13, 2024 1:30 PM

XAUUSD - Gold 

Gold/U.S. DollarFXCM

Description

"If the price breaches the resistance trend on the Relative Strength Index (RSI), then I believe that the probabilities are closer to forming an ABCD Extension pattern, where the correction of point D ends at 200%. Consequently, we are on the verge of achieving a new historical peak for gold, close to $2300."

Trade closed: target reached

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