XAU/USD Possible bullish recovery from support on gold
XAU/USD is currently in a downtrend from the daily perspective, we may see it complete the downward trend at either 1692.78 or 1680.00. We could also see it break above 1709 for an upward continuation. I'm currently waiting for a break above or below the marked levels X and Y For any further directional certainty.
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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.