XAUUSD EXTENDS CORRECTION TOWARDS $1800

Gold broke $1816 support and extending its correction towards $1800. This area is a strong support and Fibonacci 50 % retracement of April-June uptrend. If precious metal closes below this level $1790 (100 SMA) might be tested. Resistances are located at $1825 and $1834. A move above it would invalidate bearish xauusd scenario.
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