OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi everyone
Gold reached a point where it had reacted strongly in recent times and failed to cross this resistance level in 1797. But this time the situation is different. The formation of candles with long shadows at the support level of 1770 and the speed of price return, as well as the reduction of the time interval between the formation of two price peaks can be factors in the signal of gold crossing from 1797 and moving towards prices of 1805, 1816, 1826 and 1850.

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