It appears that XAUUSDXAUUSD is consolidating its price movement within a defined range, spanning from the year 2025, with a high around 2023, down to 2008. This range suggests a significant spread of 18-8 points between the upper and lower bounds of the price action. Such price behavior indicates a period of consolidation or sideways movement in the market, where neither buyers nor sellers have a clear dominance, leading to a relatively stable trading environment within this range.
Note
Gold movements just how we analyzed. Congrats to those who took the bullish and bearish trades
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