XAU/USD Gold analysis Dt. 26.09.23

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XAU/USD (Gold vs US Dollar)

XAU/USD (Gold vs US Dollar)


Gold has completed a growth wave, reaching 1929.00, followed by a decline to 1922.00. A consolidation range has practically formed around 1922.00, which may expand to 1930.00 today. Subsequently, a decline to 1912.50 is anticipated. A break below this level could initiate a movement to 1901.00, from where the trend might continue to 1894.77.

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