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GOLD → XAU/USD extending declines into $1,950
Gold's extension into three straight declining days is sending the XAUUSD back towards the 200-day Simple Moving Average (SMA) currently near $1,935.
Recent momentum in the Spot Gold chart has left both a lower low and a higher high acting as technical boundaries for trend momentum; the near-term technical ceiling sits at $2,009 while the floor on any bearish continuations will eventually need to clear $1,810.
XAUUSD back towards the 200-day Simple Moving Average (SMA) currently near $1,935.Recent momentum in the Spot Gold chart has left both a lower low and a higher high acting as technical boundaries for trend momentum; the near-term technical ceiling sits at $2,009 while the floor on any bearish continuations will eventually need to clear $1,810.
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🟢Free Signals:
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.