A short term drop for XAUUSD and a bullish reversal afterwards

Gold may drop to the level 1850(0.236 fib retracement) to complete the corrective wave c of the minor corrective wave (ii) and when validated, price may then resume its bullish continuation for its impulsive wave (iii).

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marketpainterPH
GoldWave AnalysisXAUUSD

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