FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
If you look at the COT data on Gold institutions have been adding shorts while reducing the long positions. Gold is also in a descending channel at the top of the channel which is confirmed also but the FIB on the Golden Zone between 50 and 61.8 level therefore high probability Short in my opinion Apply proper risk management and allow the trade to come to you.
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