XAUUSD should be watched and traded carefully after support from the 2600=2604 zone . The demand outweighs supply from structural perspective, as much the market is over extended and need correction ,its possible that it can still stretch upwards. Without the monthly rejection respected at the 4hrs close descending trendline connecting 2684 all time high on descending manner will see a push up. if the new week respects the resistance structure we will go for sell. avoid Monday and Tuesday for clear directional bias
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