XAUUSD

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XAUUSD

**We were giving importance to the 1938 dollar level in ounce gold. The day closed below this level. The outlook is negative. We see it possible that the declines in gold will continue. After giving reactions until around 1945, it may target the 1890-1900 band. Support: 1900 - 1890 Resistance: 1975 - 1985