OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently, on the 1-hour timeframe, we can see that we are in a bearish range that has broken four times, generating new ranges. First, we could wait for the price to liquidate the nearest target point within the range, which would be 1969.305. Once this happens, we can follow the new bearish ranges that form, or we could remain attentive to a potential price accumulation to the upside, indicating a continuation towards the daily liquidity point.
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