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XAUUSD 19 03 2021

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD 19 03 2021

The price continues to move in line with my past predictions. First, the price came to the support line, broke through it, consolidated and continued to grow. Then the price continued to rise and came to the correction zone, which I also mentioned earlier. After the rollback, the price again touched the support zone 1734.01, thereby working out the correction about which I talked about in the previous forecast. Now the price is in this support zone. The zone itself was formed in February of this year, but it is also supported by the line of January and the older one - December 2020. Therefore, I expect the price to rise from the support zone. Thus, my final target is the resistance line 1767.52.

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