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Amiviku
Aug 16, 2022 6:19 AM

XAUUSD is trending downward! any advice? 

OANDA:XAUUSD60
GoldOANDA

Description

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As we can see, gold is in the sidewidth zone because the USD market is not active, therefore we can expect gold to retrace slightly higher, but at the end of the day, when the US session begins, it might take a nice move downward. around 200 points

Trade closed: target reached

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