MATTHEWSJACK

XAUUSD TECHNICAL ANALYSIS 4Hrs TF

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
looking at the current situation it makes perfect sense why Gold has been consolidating since yesterday. We are above a trendline and below a resistance.

Knowing that gold couldn't hold the breakout from Monday this shows that the market has shifted hands and now the bears are in charge...this is my perspective and approach I am not advising anyone to trade like me I'm simply sharing my chart ✌️
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