- XAUUSD touched the resistance level at 2661 and reacted there, with strong selling pressure pushing the price down to 2646.
- If the price continues to decline and respects the price channel, the next target will be the lower boundary at 2603.
- In case the price breaks out of 2661, it will likely surge to 2684.
- If the price continues to decline and respects the price channel, the next target will be the lower boundary at 2603.
- In case the price breaks out of 2661, it will likely surge to 2684.
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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.