XAUUSD experiences a sharp rejection from the highlighted red resistance zone, indicating a strong presence of sellers in the market. This move could signal a potential reversal or correction as the bulls struggle to break above the critical level. Traders are now closely monitoring for confirmation of further downside momentum or consolidation near this area.
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MY FOREX & CRYPTO SIGNAL TELEGRAM CHANNEL:
t.me/+R65cJXM2CjIwMjlk
t.me/+R65cJXM2CjIwMjlk
Disclaimer
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.