DragunovFX

XAUUSD Pre-Ny Analysis (7th December 2022)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Summary:

* XAUUSD is consolidating right now
* Looking for a breakout, either direction
* Daily Closed bullish, yesterdays move could have just been a retrace (confirms it if todays daily candle closes bullish aswell)
* Bearish momentum could still be strong and drive price even lower.

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