SpikeandSpice
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trendanalysis
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Gold (XAU/USD) is currently trading within a tight range near $3321, testing a previous demand zone. The RSI is hovering just above oversold territory, and momentum indicators (MACD histogram and CVD) show weakening bearish pressure. Price is consolidating between the $3301 key demand and $3324 supply, forming a potential bounce-or-breakdown structure.
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