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XAUUSD approaching resistance, potential drop!

Price is approaching our first resistance (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal pullback resistance) where a strong drop might occur below this level to our major support a (50% Fibonacci retracement, horizontal swing low support). Stochastic is also approaching resistance.
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Chart PatternsForexforextradingHarmonic PatternsTrend AnalysisUSDXAUXAUUSDxauusdlongxauusdshort

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