Golden-Fund-Forex

Analysis of XAUUSD on the H1 22/8/2023

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TVC:GOLD   黄金差价合约(美元/盎司)

-XAUUSD is currently situated within a relatively strong resistance zone, coinciding with a descending price channel.

-There is a high likelihood of initiating a sell order around this price zone if there is any significant rejection pressure during the European or American sessions. The price is highly likely to return to the support level at 1885.
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