OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
for Gold there is a scenario like Gold has given us an impulse to the downside and it hasn't corrected it self so we can expect a correction of this impulse to minimum 38.2% of Fibonacci levels which is almost 1857 if it goes for correction then our target is 1844-1857 and if it goes the other way it will be a Drop base Drop will be if it rejects over 1831 level then the scenario could be 1786 level of support but sell possiblity is lesser than buy because it has made an M pattern over daily weekly time frame which could possibly be corrected over 38.2% so we will Put some of our eggs 🥚 in Buy basket 🧺

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