XAUUSD(GOLD/U.S. Dollar) 4H

According to Gold last Analysis, price perfectly bounced from 100% Fibo Level. More buyers interested in 1616$ and long setups caused no further fall and lost the support of the 1620range ! As we expected by maintaining this support , the price managed to hit its primary target 1671$ yesterday! At the moment , this range has stopped the further price volatility, but by maintaining the support of 1665$, we can expect the price move up to the next target, which is 1682$
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TraderNeeds
10.02.2022
DYOR