XAUUSD is extremly bearish

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According to the daily time frame, the previous trend showed a divergence on the RSI, signaling a potential trend reversal. The price broke through an ascending wedge following a head-and-shoulders pattern, suggesting that the bearish trend is likely to continue. A Double Tweezer pattern has formed, confirming the entry

Entry: 2610
Profit: 2350
Stop Loss: 2640
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Chart PatternsTrend Analysis

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