On the weekly chart gold xau usd looks set to retrace the range 1927-1935 (fibonacci 61.8% ) towards the range 1879-1884 (fibonacci 50%).
If it happen, gold will have a strong enough power towards the 1991 range (Fibonacci 78.6%).
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#XAUUSD #Gold Daily Level (25/2)
R3 2014.32
R2 1977.87
R1 1955.35
Pivot 1918.89
S1 1882.43
S2 1859.91
S3 1823.46
Open 1906.65
High 1921.34
Low 1892.95
Price Now 1899.65
If it happen, gold will have a strong enough power towards the 1991 range (Fibonacci 78.6%).
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#XAUUSD #Gold Daily Level (25/2)
R3 2014.32
R2 1977.87
R1 1955.35
Pivot 1918.89
S1 1882.43
S2 1859.91
S3 1823.46
Open 1906.65
High 1921.34
Low 1892.95
Price Now 1899.65
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