XAUUSD

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XAUUSD

On the ounce gold side, our 1959 drop target has arrived. The lower side was also tested. A 4-hour order block price seems to have held. As long as it stays above 1934, our 1968$ target, which we have been eyeing as a close imbalance target, has been realized. Weakness is observed in the price again, if it breaks $1956, it will ease to the 1937-1945 region. Support: 1945 – 1937 - 1934 Resistance: 1968 – 1980 - 1998