The past few months have seen gold undo all the gains made during the start of the russia-ukraine crisis, a drop of more than 3000+ pips. Price is still trending to the downside without a sign of reversing just yet. The 3 year trendline shown as well as the double bottom at $1680 provide an area with a high probability of a reaction, whether short term or long term. Price target if we see a rejection would be around $1780 for first take profit. Its best to let price unfold and enter after there is a clear sign of a reverse in trend
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