XAUUSD: The trend line is perfect. Overbought
Since XAUUSd reached the lowest level, there is a new long term upside trend line. At the present moment, with ECB's QE tomorrow as well as an overbought situation in the markt, there may be a correction, but the trend line remain for the time rock solid.
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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.