XAUUSD is reversing lower

XAUUSD is breaking below 1820 

 

XAUUSD is in the process of the confirmation of a breakout below the strong resistance again. This break is confirming the reversal lower and is invalidating the upside continuation completely. We are now at the beginning of the most impulsive third wave lower.

Note: look for the short trade entries with the stop loss above 1820

XAUUSD breakout lower

 

 

 

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