FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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Multiple confluences on this pair which highly indicate a potential short opportunity! CONFLUENCES= Weekly downwards channel, weekly 50% fib, Monthly resistance 12500.00 key level, daily trend-line breakout, SMA and EMA crossover. Stops placed above previous Lower High and target 1 at the next monthly support zone 1140.00




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