Hold a long position in XAUUSD with a stop loss to protect your capital. XAUUSD price volatility will be sharp and the short term support level of $1838-1845, which we believe is the first defensive zone, should not be ignored.
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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.