FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
As we predicted for last week gold price have test the July low again and bounced back to the H4 drop base drop zone. Congratulations for those who have followed. Looks like gold price is currently around our weekly support become resistance. At daily timeframe shows that the price cant break the July low and bouncing the price back up maybe its time for the trend reversal but the overall trend looks like still in downtrend so this bounce could be a retracement.

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