This pair continue to move as part of the correction and the price of GOLD was reaching Higher price 1774 Dollars. Indicates a short in term bearish(down trend) which indicates pressure from the sellers and potential continuation of the fall from the current levels. we should expect an attempt to develop a decline and test the support level near the 1750 area. Where can we expect a continued down with a potential target below the level of 1750 area and aiming target 1436 area.
Trend Analysis

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