Gold approaching supply zone
XAUUSD broke to the upside after the CPI news release and currently trading at $1740. Next important area to test is $1750 supply zone, which if broken, would open the path to $1780 - $1800. We expect Gold to test $1744 -$1750 zone and drop from there. The expected pullback should be $1730 - $1720. Please support our work with like and comment, thank you.
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