Hello everyone, A good opportunity has been detected on the XAU/USD pair. After strong downward movement on the XAU/USD, the price found support on a 161.8% Fibonacci extension level, bounced, formed a Morning Doji Star pattern and is currently correcting to the upside. We are expecting the price to reach approximately the 1902.00 price level, where we have 2 Fibonacci retracement levels, as well as an inside resistance level and the upcoming 50 Moving Average.
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