#GOLD - idea
The U.S. dollar remains in stagnation but is pulling back from resistance, allowing gold to recover within the trading range. The global and local trends remain bearish
The market is currently in a corrective phase within the range (a liquidity-hunting phase). Before the next leg lower, price may test 4507 (4514) or 4541.
On the downside, the primary target zones remain 4425 and 4400.
#XAU/USD##technicalanalysis##ForexTradingStrategies#
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