FUNTRADER-Vera

2409 XAUUSD 1140 is possible still

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has a really wide sideways movement.
This make a channel analysis is not suitable now.
Or you can treat it as a broken channel.
Anyway, this a a bearish analysis for gold.
As gold is facing a high possibility of a retest of 1190 and 1180.
After that, 1140 is still possible.

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