XAUUSD Gold Technical Projection for the Week

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Gold showed weakness last Friday at trendline resistance and is showing a possible Double-Top Pattern. With this two factors in mind there is a possibility of continued short term weakness in the weak ahead.

Bullish Scenario with targets at 1235.270 and 1265.810
Bearish Scenario with targets at 11183.322 and 1160.024

Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
Nota
11183.322 Target reached
Trend Analysis

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