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XAUUSD seeing more downside if it breaks below the support

Oleh Tickmill
Broker
Price is facing bearish pressure from our descending trend line and a break below our downside confirmation level could see a further drop below this level. Stochastic is facing bearish pressure from our resistance as well.


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Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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