Hi traders, even though XAUUSD is still flying high, we are seeing potential consolidation and chart has failed to create another higher peak in M30.
There is potential XAUUSD will pause its bullish rally and reverse price towards 2700 price point.
In the smaller timeframe as shown in the chart, you can see that XAUUSD is already breaking the trendline and have higher chance to continue downside movement
Good luck!
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