Gold Spot / U.S. Dollar
Updated

XAUUSD might fall below...

119
Gold is trading within a RISING WEDGE pattern.

After its rejection to 1824 yesterday, it might give us a new low if it breaks down below the structure around 1785.
It might expose the support around 1766-1745.

However, if the bulls take over again, it might bounce up and breaks the upper limit which could potentially went up to 1830-1850.

Great setup and patience is the key.
Note
TP Hit at 1875

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