Price already broke from its consolidation and is heading downwards. If actual candle closes below that significant actual level,we could take short position. Support level also fits with 200 SMA. Gold is in an uptrend but now we can see that pullback is forming. And we definitely need to see a pullback before another bullish pressure.
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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.