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2911 Monthly chart 3/8 Gold is correcting down could reach 1375

FX:XAUUSD   Gold Spot / U.S. Dollar
Well, on the last trading day of Nov, lets check pairs on monthly chart to find out more clues.

On this monthly chart of GOLD , we could see a very high possibility for gold to retrace down to 1375 from now to the first few months of 2020.

The blue zone has changed from resistance zone to support zone . C position is seemed as the end of ABC wave and also a very possible monthly channel refection point.

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