XAUUSD | WATCHOUT ZONE
XAUUSD has been trading under the falling resistance after making a top around 1806. The price after making top started its downtrend and approached to its strong horizontal support zone. The price has formed a double bottom pattern at 1680-1685. zone. Now price is trading near the falling resistance.
The bulls need to break above falling resistance. While bears are in control below the mentioned resistance zone.
Trade your levels accordingly.
The bulls need to break above falling resistance. While bears are in control below the mentioned resistance zone.
Trade your levels accordingly.
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