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Gold Spot / U.S. Dollar
Short

XAUUSD outlook

By OneSidedFX
Multiple rejections around 2525 where the market is failing to break above. We have a change of character at 2504 and we are currently going for a retest of the 70.5% Fibonacci level. If and only if, we get a solid retest in and around 2512-2517 could we be interested in continuation sells from that price.
Happy trading!
Trend Analysis

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