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Gold is bleeding out. Price dropped 3-4% in a single session, sliding toward $5,115 and slicing clean through short-term support that was supposed to hold.
Sellers showed up aggressive and didn't let up. Lower timeframes are fully bearish right now with no real signs of buyers stepping in.
Watch those prior breakout levels
if they fail to hold, the pullback could run deeper than expected before any real floor forms.
$XAU
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