XAUUSD-06/26/2023

Preferred direction: BUY
Comment: Metals, in particular gold, as well as the Euro has a good chance to recover from the recent pressure. The growth of the metal with a high degree of probability will be exceptional due to the weak dollar. Technically, there is a great opportunity to go long after the price closes above the 1938.915 level. As a result, a false breakout will be formed and the price can grow very, very well due to the sellers who have been actively raging lately.

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Beyond Technical AnalysisCommoditiesDXYEURUSDForexGoldTechnical IndicatorsMetalsSilverTrend AnalysisXAG USD ( Silver / US Dollar)XAUUSD

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