XAU/USD 04-Aug-2024

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In the weekly time frame;
The price is the range
And it is currently at the ceiling of this range area
With the sharp decline that occurred on Friday, I expect a pullback to the ceiling and then a decline
Also, in the daily and weekly time frame;
Divergence and a tendency to decrease the price can be seen

*Be profitable

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Nota
I believe in the red trend
Chart PatternsTechnical IndicatorsTrend Analysis

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