OANDA:XAUUSD   Gold Spot / U.S. Dollar
In contrast to prevailing sentiment that favours a bullish outlook on gold, I hold a contrarian view, which is substantiated by a structured approach incorporating key price levels and the strategic use of the 'Rally Base Rally' (RBR) pattern. This pattern consistently supports my analysis by accurately explaining price movements across various market scenarios. Additionally, I emphasize the importance of monitoring 'hammer' candlestick patterns across multiple time frames to ensure a favoruable risk-reward ratio of 1:1

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