XAUUSD is currently trading around 3328. The market structure shows bearish momentum with sellers still in control. If this pressure continues, I expect price to push further down toward the 3288 level, which may act as the next support zone. Traders should watch for confirmation signals before entering, as volatility around key levels is likely.
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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.