Temporary downtrend for XAUUSD
After falling last week and hitting the resistance area and forming a 4-hour bullish candle, it ended its work. Investors seem to be leaving in the short term, for many reasons, including recent bitcoin prices. This week we can expect a drop to the price of 1770. Good luck friends.
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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.