Gold weekly prediction for the week 5/9

Gold price is still ranging around 1710, as we predicted one last week gold prediction price has touch the July low and rejected around 200 pips congratulations for those who followed. Let’s see for this week prediction, on weekly timeframe as expected price has ejected the July low, so we can expect for a retracement before continuing to drop because overall market is still on downtrend.
Technical Indicators

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