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On the H4, XAUUSD reached a downtrend line after a short-term rise. The price is approaching the critical resistance area and MA200, which also acts as resistance. In this case, two scenarios are possible. If Gold breaks the resistance of 2350, the trend line and MA200, a bullish trend will start up to 2385; Otherwise, […]

The post XAUUSD: Trend Breaking? appeared first on Action Forex.

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