OANDA:XAUUSD   Gold Spot / U.S. Dollar
Since the Alltime High, we see a Downward Trend that is still valid. If we look at the range zone, we see that the Bears are exerting more and more pressure downwards and the Rangezone is shrinking. The Bulls defend They´re Supportzone at 1676. Now we had our Range between 1780 and 1745. If 1745 breaks then next Support at 1721. Strong Support we see at 1677, if Bears breake the two Support Zones.
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