XAUUSD - D1

In the chart of XAUUSD, we see that the price could not continue its upward trend by falling to the price of 2076 dollars per ounce and entered a downward trend. In this downward trend, the price has risen from $ 2076 to $ 1895 per ounce. We expect the price to continue to fall in the same downward channel to $ 1,700. In the second case, we can expect the price to gradually reach the end of its downtrend and reach support at the price of $ 1852 and increase the price to 2050.



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