XAUUSD

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XAUUSD

Ounce gold approached the 1846 region in line with our expectations. The price turned down again with only 1 dollar left to the target. If it can be held by the averages around 1930, the positive trend may continue. Otherwise, it will target the 1820 imbalance. 16:30 Unemployment Rights data will be closely monitored. Support: 1820 - 1806 Resistance: 1833 - 1847