GOLD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2041.393 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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Note
We are seeing a good move already so we will keep the trade running!
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