


WMA169
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supportandresistance
trendanalysis
trendline
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After a prolonged period of upward momentum, the XAUUSD is currently undergoing a distribution phase. If the XAUUSD successfully establishes a lower low, it will indicate a continuation of the downtrend, prompting us to adopt a cautious stance and prepare for short positions. Conversely, should the XAUUSD achieve a new higher high, it will signify the persistence...
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