XAU/USD, which represents the price of gold in US dollars, is currently exhibiting a bearish trend. The price has been declining steadily from 2406 to 2375, suggesting a downward movement in the market. This downward momentum indicates that sellers are in control, pushing the price lower. Traders and investors monitoring XAU/USD may be observing the trend closely to make informed decisions regarding their positions in the market.
Chart PatternsgoldshortgoldtradingstrategyTechnical IndicatorsshortTrend AnalysisXAUUSDxauusdshort

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