Gold could reach up to 1180$ following major daily breakout
The Wedge pattern breakout that came following the AB=CD pattern completion suggests that $XAUSUSD has started a correction move.
1140$ is the initial target zone and 1170-1180$ is the secondary one as it is a major daily resistance now.
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1140$ is the initial target zone and 1170-1180$ is the secondary one as it is a major daily resistance now.
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews - goo.gl/jwBPQe
To subscribe to the newsletters - goo.gl/HXjCPV
