An XAUUSD Gold support trendline on the 1 hour chart has been brocken. How far down could it go? Could it retrace first? Shorting may not give a good risk/reward. There are Fair Value Gaps on the 1h and 4h charts below the current price. One stategy might be to buy gold using a buy limit order at $2397.85 once these FVGs are filled.
Technical Indicators

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