XAU/USD is currently in a downtrend from the daily perspective, we may see it complete the downward trend at either 1692.78 or 1680.00. We could also see it break above 1709 for an upward continuation. I'm currently waiting for a break above or below the marked levels X and Y For any further directional certainty.
Bullish PatternsbuyChart PatternsGoldLONGrecoveryTrend AnalysisXAUUSD

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