By analyzing the XAUUSD chart, I expect that XAU will eventually break the psychological support at 3300 and drop toward the 3200 zone. Key levels to watch during this decline are 3245 and 3236. I won’t consider buying unless I see a clear sign of a reversal.
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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.