World Gold Focus (26.6.2023)

XAU/USD is a sideway formation of the range between 2938 to 2910.

Current Price still 2925 rate , Previous Resistance Supply zone rate around 2938..

The price might test one of the key resistance but there is not much of a potential for the buyers at the moment.

I expect continuation of the consolidation formation .but in the medium term .

I expect a fall the resistance , a possible retest of the support of 1910 and further fall after a breakthrough.

TA Analyst By La Winn May

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