Gold Spot / U.S. DollarUpdated

xauusd

gold now hit major tl good chance of rejection near looking for that retrace going 62% 78% 1990-40 area hard to predict yet 1980 most likely. With all time high target of 2600. Expanding ending diagonal as wave 3 is extending past wave 1. This is bearish scenario update. Bull is now looking more probable though.
Note
2337 is showing a lot of confluence tl there also. target after 1980 is 2565

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