It would seem that Gold is close to an area of previous volume accumulation and might look to consolidate and move back up or break further down, I am of the view that it is over-extended to the downside but i have been proven wrong before. Right now I am sitting tight and waiting for further developments on which side will reveal their hand.
Beyond Technical AnalysisGoldgoldusdTechnical IndicatorsMDCTrend AnalysisXAUUSD

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