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XAU/USD Daily Analysis
Gold Spot / U.S. Dollar
XAU/USD Daily Analysis
By FusionMarkets
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Dec 29, 2024
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Dec 29, 2024
Price double topped at $2720 over November and December 2024.
Currently, price looks to be correcting in the form of a flag pattern after a bearish impulse from $2720.
A break lower could see a further drop in value to $2560 which was support (also in November 2024).
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Trend Analysis
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