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  • Vasily Trader

GOLD (XAUUSD): The Zone to Watch



On Gold we got a brand new trend line yesterday:

the price is now trading within a falling wedge pattern,

nicely being rejected from its upper boundary.


Now the blue contracting area on the chart serves as our intraday/daily supply zone .

From that, I will expect a bearish continuation.


Next support - 1750

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