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XAUUSD : Bearish continuation
Gold Spot / U.S. Dollar
Short
XAUUSD : Bearish continuation
By PRINT_CAPITAL
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May 6, 2023
3
May 6, 2023
Price respected a resistance zone on the 1 hour timeframe, and initiated a bearish run which cleared a major bullish imbalance in price.
This week, we expect to see price push lower towards 1995-1986 areas after consolidation.
Technical Indicators
Trend Analysis
Volatility
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