XAU still might drop from the trendline, more downside !
Price is approaching our first resistance, in line with our horizontal swing high resistance, 76.4% fibonacci retracement, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure in line with our bearish bias.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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