XAUUSD

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XAUUSD

Ounce gold approached the 1846 region in line with our expectations. The price had turned down again with only 1 dollar left to the target. The price was held by the averages around 1930 and gained upward momentum. This time, its target definitely seems to be the liquidities around 1846. 18:00 ISM will also have an effect on the ounce. Support: 1836 - 1831 Resistance: 1842 – 1846 - 1851