Gold has retraced a bit to the upside as V shaped reversal with W pattern took place at the bottom 1764.
Bears still have few more options. The first POC zone 1832-35 might reject the price to the diwnside else the resistance 1841 will be hit. However, if we see the price going further up watch for 1850-56 zone where Order block is. In bothe scenarios, GOLD might drop to 1802 which is 50.0 of the swing. Only above 1876 bulls will have the real power.
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