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Trend and COT Analysis 23. September XAU/USD

FX:XAUUSD   Gold Spot / U.S. Dollar
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We are still in a downtrend.

In consideration of the current trend and fundamental situations we can see that the market slows down in its falling and tries to find some momentum on the downside. We have to wait for the next COT report to see how the big traders play.

A turnaround for a correction could be very near.
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