The blue line represents the uptrend on the daily. This trend has slowed down as it reach another major supply level at 1802.065.
4h shows HL are built but for a new HH doesn't seem possible with how this supply level is holding XAUUSD.
If it shows more bearish pressure I will be looking for the shorting opportunity sometime this week.
Beyond Technical AnalysisCommoditiesGoldTrend AnalysisXAUUSD

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