XAU/USD Weekly Gold Chart Projection

FX:XAUUSD   Gold Spot / U.S. Dollar
317 0 0
The bulls are back in town..

Weekly RSI breakout occurring, MACD curving upwards..

Projection of a test of 1420 based on downtrend resistance and horizontal resistance before the major downtrend overpowers the bulls and the price continues to make a new low below 1178 later this year.

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