FriesianFX

XAUUSD Gold 1 hour breakdown

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the 1 hour time frame, we are right at a support level. Sells were taken all day today, 3 in total, 2 being in profit with 1 in breakeven. Bias remains somewhat bearish however we must pay attention to what price can do at these levels of interest where price in the past has been finding it challenging to get through.

short term bias is bullish, long term bearish.

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