buythefckndip

27.06.23 XAUUSD Daily Outlook

Short
FX:XAUUSD   None
The potential for XAUUSD to break to the downside is currently very strong as there has been bullish price action for 3+weeks overall. Market sentiment remains unchanged with talks of recession as well as rising interest rates and a weakening US dollar. I could see the DXY breaking above 103.2 which would push Gold to the 1812 point of interest

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