#XAUUSD price have formed two retracing pattern which can affect back to 2009 or 1970 but the support trend is near so let's follow according to second trendline which is weak and will affect the pair to fall down below 1980 before any forward move, without a correction of price data the movement won't last longer on sell pressure but if the data occurs on third trend it will impact on buy to break through 2011.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.