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#Gold hard rejection at "Golden Cross"

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The "Golden Cross" right in the PRZ (resistance zone) pushed Gold lower. The overlap of 61.8 and 161.8 acted as a wall on Gold attempt to cont. bullish move. The recent PA is in line with the overall bearish trend. However, the breach of 1146 hasn't happened yet.
Since Gold made a new high, this Higher Low could show that 1131 was the bottom.

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