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VasilyTrader
Jan 18, 2024 7:37 AM

GOLD (XAUUSD): Important Breakout 🥇 Short

GoldOANDA

Description



The yesterday's retail sales data turned out to be very bearish for Gold.
The price violated both a solid rising trend line and a key horizontal support on a daily.

The broken structures compose a supply zone now.
We can anticipate a further bearish continuation.

Next support - 1979

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