XAUUSD is in a correction phase. The price is currently near the 2380-2396 resistance zone. If the price cannot break through the 2399 level, it is expected that there is a chance that the price will go down. Consider selling in the red zone.

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Nota
It can be seen that the gold price could not break through the 2403 level and had a downward adjustment. Therefore, if the price cannot stand above the 2,403 level, we expect that the price has a chance to continue to decrease.
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Chart PatternsForexforexsignalsGoldTrend AnalysisXAUUSD

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