XAUUSD DAILY- Possible short formation on daily chart.
We have seen sharp dropdown rely from its peak level i.e. 1346. and it took support at 1280. from its support level its took bit, selling presser is still in it. further downside movement is expected in it if the price is maintained to trade below 1300
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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.