Gold (XAUUSD): Important Zone to Watch 🟡

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Gold is trading in a bullish trend on a daily.
The market is currently approaching a wide contracting demand zone.
The underlined blue area is based on a major rising trend line and a horizontal structure.

I will expect a bullish reaction from that next week, at least to 2045.

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Elliott WaveGoldgoldanalysisgoldlonggoldsignalsgoldtradinggoldtradingstrategySupply and DemandTrend LinesXAUUSD

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