XAUUSD is testing the falling trend line
XAUUSD is testing 1910 again. It is a falling trend line and a horizontal resistance. For a downside extension continuation and a higher probability of short trade entries, we need to see a rejection here and a confirmed break below 1870. A break below this level would lead to an extension lower to 1800. The overall long-term is an uptrend but we need to see a break above the 1910 for a complete upside continuation extension and a test of 2000.
Note – We will wait for a price action setup above 1910 or beloa 1870 for either long or a short trade
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