Market Sentiment: Gold’s Bullish Outlook Intact; AUD/USD

This article meticulously examines retail sentiment on gold

Sentiment is: Positive

Technical Analysis

AUD/USD is heading towards the support line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Will AUD/USD have enough momentum to break support?

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