XAU/USD Reversal ?
Price broke descending channel and retested it. We can see that bullish pressure occurred and price formed new high 1923 zone. Massive bearish candlestick occurred, but bulls quickly regained the control and pushed the price up. It is likely to see move up.
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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.