XAUUSD

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XAUUSD

Ounce gold has almost reached our target area for decline. We can say that it is very close to touching the 200-day exponential average area. The price may find strength again in the 1802-1806 area. If 1802 is lost, we may see the decline deepen to around 1776. Support: 1806 – 1802 - 1776 Resistance: 1819 - 1833