DislikedXAUUSD Weekly Technical Outlook The XAUUSD market is favourably supportive of bulls. However, the bullish momentum is presently declining. On the weekly time frame, bullish candlestick prints have been declining in the past five weeks as the market gets near the 1794.80 multi-year horizontal resistance area. Nevertheless, this does not mean the end of bullish influence in the market; only that, presently, the momentum is rather flat. {image} On the daily time frame, on June 23, price action broke above a horizontal channel (blue) within which it...Ignored
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