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GOLD SHORT TERM TECHNICAL OVERVIEW

OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the hourly timeframe, Gold is trying to recover from its losses after the trend breakout happened recently. Here on the chart, we can identify a minor bearish trend breakout with a nice bearish harmonic pattern. The expanding triangle and the key level require a confirmation of a reversal or continuation in the bearish or bullish price action.

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