XAU/USD currently trading at 1919 right now gold is forming a falling wedge at daily time frame. gold touched high of 2067 on 4th may 2023 from then gold is falling and making lows. gold made a high of 1953 on 1sep 2023 which was resistance from there gold fell and came to 1919. from here gold can come to 1903 and can make a lower high and after that it can touch bottom. which is around 1880 from there we can see a reversal till 1936
important levels are 1915, 1903, 1880 for support. and for resistance important levels are 1926 and 1937 most probably chances of market is make a lower high and it can go down till 1900 and 1880 .
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