Gold or XAUUSD analysis

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Gold or XAUUSD analysis

Symbol: Gold or XAUUSD

Time frame: 4 hours

Analysis: Presently we can observe divergence, SO, we can expect downtrend movement up to 1870 but in case if the price crosses above the parallel channel with high volume and in MACD, if the price crosses above zero, then, we can expect target up to 1230.

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NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
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