Potential Future Outlook for XAUUSD - March 12th, 2024

Why We Think the Price Might Drop:

1. The support level broke at 2160 and is being tested again.
2. The RSI (Relative Strength Index) is around 40, suggesting a signal to sell.
3. The Super Trend indicator indicates a bearish trend.

What Might Happen Next:
Overall, it might be a good idea to sell XAUUSD when the price is around 2160. We're aiming for targets around 2145.
downtrendsellsetupTrend AnalysisXAUUSDxauusdshort

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