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MULTIDIMENSIONALTRADER
Jan 17, 2021 4:15 PM

XAUUSD ANALYSIS 

Gold/U.S. DollarFXCM

Description

GOLD price is at a critical point.

Price can retrace from here. If we remain above 1815 area and do not get a D1 candle body close below 1815 its likely for price to bounce off this support zone.
If we get a candle body close below 1815 we are likely to test 1790 zone.

Overall outlook is still bullish however short term there is a possibility for a further push down.
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