XAUUSD Downward Momentum

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I haven't updated this pair for a little while, so I wanted to share some insight. As we've broken below our Monthly Level of 1300 I believe we will see further downward momentum. Next Target projection is 1276.80

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ملاحظة

Failed trade. While I did manage to get stopped out in profit, price never reached our intended target and swiftly reversed back to our Monthly Level of 1300.