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madmax58
May 18, 2018 11:42 AM

XAUUSD Downtrend Short

OANDA:XAUUSD1D
GoldOANDA

Description

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OANDA:XAUUSD could not break the resistance 1350-1400 after several attempts and remains in the long-term downtrend channel prevalent since mid 2012. A retest of previous support zones down to 1125 seems most likely at this moment.
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