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GOLD (XAUUSD): And Now We Are Bearish! What is Next?



Hey traders,


It turned out that gold went quite overbought.

Slowing down within a rising parallel channel on intraday time frames,

on Friday its support was broken.


Now we may expect a correctional move to 1810 - 1834 daily demand cluster.


Only then a bullish wave will be expected.


Have a wonderful weekend!

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