Gold USD repeatedly pullback to the demand zone

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XAUUSD The FED minutes hawkish tone is currently pushing negatively on the XAU/USD underlying bullish momentum. A renew dig under the 2340 support level is on the way .
That wave started by a breakout at 2357 to reach potentially a first negative target at 2331.
It's now to early to place a bullish bet as a 2324 second negative target could be reached later today.

A clear decisive break above 2343 resistance level can enable further positive upsides.

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Trade attivo

After a brief ping of the 2339.5 resistance price line, price action succeeded to dive beyond our first 2332 target to open the door for achieving our second negative target at 2324

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Trade attivo

Despite a new rebound from my 2321 first negative target to tag the 2336 resistance price line I'm adding a new short entry in a bet to exit in the 2324-2325 price area

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Trade chiuso: obiettivo raggiunto

We're going to get to the second negative target. Good job done