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US GOLD Expanding wedge A limited retracement before our 2016 TP – October 29 , 2023

OANDA:XAUUSD Since the start of the current up leg from 1977-1978 XAUUSD got nearly no retracements. I expect Monday opening to be alike. The reason is that the price action managed to reach a new Equibrium area located @ 2004 price level. The previous Equilibrium level was the 1977 area and we kept it for more than a week. I think it will be the starting…

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