On the 4-hour chart, XAUUSD fluctuated and fell, and the bears have the upper hand. At present, attention can be paid to the resistance near 3367. If the rebound is not broken, it is expected to start to fall. The support below is around 3260. If it falls below, it is expected to form an AB=CD pattern, with a target near 3132.
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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.