XAUUSD Analysis: Is the GOLD price going to drop?

The chart shows that the gold price is in a descending trend so it's possible to rise up to around $1813 in short time (resistance) , it'll drop to around $1755 in midterm. Be cautious about economic news because the gold price analysis will be affected by these factors.
Chart PatternsgoldanalysisgoldtradingTrend AnalysisXAUUSD

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