GOLD, Weekly Forecast, 31 August - 04 September


Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1120, which will be followed by moving down to support level 1094.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1135, which will be followed by moving up to resistance level 1158.

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