GOLD (XAUUSD): Bearish Correction Continues
I see one more important intraday structure breakout.
Gold has broken through a support cluster within a small horizontal range, indicating strong selling pressure and a bearish signal.
Following a thorough retest of the broken structure, there is now a bearish response. I anticipate that the price will soon reach a level of 2562/2553.
Gold has broken through a support cluster within a small horizontal range, indicating strong selling pressure and a bearish signal.
Following a thorough retest of the broken structure, there is now a bearish response. I anticipate that the price will soon reach a level of 2562/2553.
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