XAUUSD is nesting in the 1660-1680 zone
XAUUSD is testing the long-term uptrend line support 1660. It has formed a descending wedge (usually bullish) and is piercing the important 1660-1680 zone. Bounce from 1660 is extremely significant for the upside reversal and a test of the wedge 1710. A confirmed break below 1660 would lead to a complete downside reversal.
Note: look for the long trade entries with the stop loss below 1655
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