XAUUSD is reaching a supply zone. There resides a good S&R level. We can expect gold to hit supply zone and follow the sell trend again. The strength of the gold is saying the same. The other possibility might be gold may break S&R level and go higher. Sellers are in stronger position and we may see higher probability percentage for sell.
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Disclaimer
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.