Gold Spot / U.S. Dollar
Short
Updated

XAUUSD[GOLD]: Bearish Correction Is Happening!

5 127
Gold rejected at 3350, dropping almost 600 pips to 3290. We can expect the price to drop further to around 3250, potentially reversing from there. A possible entry point is 3304, followed by a drop from there.

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350+ Pips Trade Is Active And Moving Well!

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Dropped 350+ pips and then hit breakeven.

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