might be the end of a downtrend XAU/USD
so last week Friday, price couldn't break the the 1699.84 price lvl, thereby forming a double buttom. this morning started with a bull run, which might indicate the end of the downtrend.but from our knowledge on patience i would advice that you wait for retracement and consolidation on the 1714.349 price lvl to confirm that's a new lvl of support before moving with the trend
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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.