XAUUSD:shock rebound
In terms of the general trend, the weekly line has three consecutive positives. Last week, it was under strong selling pressure at a high level, forming a long upper shadow K-line. However, the overall upward structure has not been broken. This wave is likely to become a short-term bottom and continue to hit new highs. After a three-stage decline in the small level, it walked out of the tower bottom very powerfully. It did not break through the new low again, and it will go to a large level rebound. The price focuses on two low points, 1954.1945, and it remains much lower above the two points
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The market trend is the same as my analysisTrade active
The market trend is the same as my analysisTrade active
The market trend is the same as my analysis
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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.