The chart shows XAUUSD (Gold) on a 4-hour timeframe, indicating a bearish setup. A trendline has been broken, and price is retesting a resistance zone. The expected move is a rejection from resistance, leading to a further drop toward the next support level.
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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.