XAUUSD Bearish trend after reversal
Following the formation of a lower high as a result of a retest of the 1288-1292 price range, we shall begin to notice a steady uptrend as bulls are confident in price as a result of previous market analysis at this same price. If the retest fails to hold at support then we might see a lot of bearish activity but fingers crossed for a steady rise to about 1306> before any major resistance achievable.
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