XAUUSD News

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Last Updated Date: 23 March 2021 @ 8:54 AM (UTC)
*Please note that all the dates are in GMT time zone

Yesterday’s drop leaves a failed test around the 1755.0 resistance and signals a return to short term bear trending action. Trade is poised for selloffs and close under 1719.0 implies a bear wave to 1701.0. Any corrective congestion in the lower half of yesterday’s downturn should bear flag a setup for selloffs. A close over 1765.0 is needed to reject yesterday’s downturn.

 

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