Gold Analysis Today (XAU/USD)
XAU/USD is moving within a parallel channel in a 'bearish trend,' which formed as the price touched the channel borders three times since last week.
The price is currently testing the upper border of the channel and is preparing to rebound. We recommend opening a sell order as mentioned in the previous analysis.
The price is currently testing the upper border of the channel and is preparing to rebound. We recommend opening a sell order as mentioned in the previous analysis.
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