Or / Dollar Américain
Short

XAUUSD (1H)

64
I anticipate bearish price action in the gold market over the next few days, primarily due to expected correction phase.

Reasoning:
Given the recent bullish rally, I foresee a corrective pullback as the market adjusts from overbought conditions.

Technical Analysis:
Key technical indicators suggest potential downside momentum, with support levels being tested.

Strategy:
I plan to monitor price movements closely for optimal entry points to capitalize on the expected correction.

Risk Management:
Maintaining strict risk management protocols to mitigate potential losses during volatile market conditions.

Conclusion:
Overall, I am prepared for bearish sentiment in the gold market and will adjust trading strategies accordingly.

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