GOLD trade setup.

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Gold trade setup. Price has reached its price point for the year since January 6. A retracement is bound to follow suit, looking at the short term trade down towards the 1593.34 support level, anything beyond that then a new trend is expected as price respects the double top on the Daily.
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GOLD trade setup failed to breakout of the minor ascending trendline and continued it bullish rally reaching the 1643.15 price point.
Chart PatternsTrend AnalysisWave Analysis

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