XAU/USD (Gold) is forming a bearish setup on the 30-minute chart. Price is testing a resistance near 3288, with a potential reversal towards the 3236 level. Entry is marked around current price, with a stop loss at 3311 and take profit near 3237, supported by a descending channel.
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RUNNING 130 pips gold is falling
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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.