XAUUSD is currently at a high point, with many expecting a declining in the near future. The market is showing signs that the recent strength in gold might not be sustainable, and a pullback could be on the horizon. Traders are anticipating potential shifts in sentiment that could lead to a downward movement, especially as attention turns to upcoming economic events and data.
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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.