Let's look at the H4 chart, it looks like gold will make a correction to the price of 1855.19 at the 38.2% Fibonacci Retracement ratio, and after that it will return to a downward trend.
Comment:
On the weekly chart there is also a possibility of strong resistance at the price range 1855.19.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
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Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.