XAUUSD has recently laddered up with a perfect bullish channel where we witness a breakout with the recent massive sell off happened on Friday. If the price remains bearish biased we may see a further decline in prices for one more time back towards the picked up key zones.
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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.