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#XAUUSD: $3900 Is On The Way 1100+ Pips Intraday Selling Setup

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Gold is currently trading between 4000 and 4150. We lack a clear view at the moment and the price could move in any direction without a discernible reason due to this range pattern. The current trading price is at a critical level with a strong sellers’ hold. A possible drop is coming and it’s likely to take out sell-side liquidity before it decides to go bullish. Current fundamentals support this view too. If the situation in the USA and Iran worsens, gold could drop to the $3500 area. If you like our work, please like and comment for more.

Good luck and trade safely!

Team Setupsfx_
Trade fechado: stop atingido
Trading setup is now invalidated after price hit our stop loss. We will share updated view shortly!

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