Gold XAUUSD Outlook

Gold with slope being pretty valid at this downslope median line set we now see that price has broken below the median line, has retraced back to the median line and has been rejected. I will personally watch for another retracement and at the time it reaches the medianline i will start watching for sell setups to complete. In case price breaks above th ml i will wait for a pullback and watch for buys.

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