XAUUSD seeing more downside if it breaks below the support
Price reversed nicely below our first resistance level in line with our descending trend line. A break below our downside confirmation level could see a further drop below this level. Stochastic is facing bearish pressure from our resistance as well.
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Losses can exceed the initial investment so please ensure you fully
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
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