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Gold Spot / U.S. Dollar
Short
Jun 29, 2023
XAUUSD | Bear Pressure Not letting Up
3
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Gold is intent on going down. The bearish pressure does not seem about to let up.
The descending trendline measure the lower lows just got broken on a closing basis signaling the intention to continue down.
However, such bearish move can be suspected to reverse sooner.
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