XAUUSD SELL
After a slow structure formation to the upside. The market broke out of the wedge pattern and the support zone around the 2925 price level.
First level target is the 2900 price level and might go a bit further. The USD is showing a bit of Strength which makes it reasonable to sell gold. This is only short term biased.
First level target is the 2900 price level and might go a bit further. The USD is showing a bit of Strength which makes it reasonable to sell gold. This is only short term biased.
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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.