XAUUSD | Not Really Bearish
XAUUSD fell sharply after its rally possibly due to buyers booking off profits and short-term traders taking advantage of this temporary bearish reaction. The expectation is too see Gold re-testing this local high, and possibly forming an all-time high.
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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.