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XAUUSD H1 I Bearish Reversal

Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 2620.44, which is a pullback resistance aligning with a 50% FIbo retracement.

Our take profit will be at 2600, an overlap support level.

The stop loss will be placed at 2636.34, a pullback resistance level.


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Chart PatternsforexideasFXCMGoldHarmonic PatternsTrend AnalysisXAUUSD

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