With larger levels up around 78% 1972 this is a short term look at XAUUSD with some possible selling today. Its been a massive run up and needs to cool off before the next leg high. Key Time for today is 90mins before the US Open. A rally into this time could see selling for the rest of the day. Keep an eye on the DXY as well. It might be getting close to a temp bottom.
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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.