Today, XAUUSD has returned to the $2,738 range after reaching lows of $2,709 yesterday.
Key Focus: The release of today's economic data will be pivotal in determining whether XAUUSD can test the $2,758 or $2,777 range once again.
If the data supports economic strength, we could see a downward move towards $2,720 or even $2,700, especially if volume holds and supply remains strong.
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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.