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$XAU Mildly bearish 📉 The price remains capped below 4,189. Failure to break above 4,189 raises the potential for a decline to test the 4,160 → 4,147 levels. The chart structure also remains bearish-leaning. Conclusion: Leaning towards SHORT / downside. Bearish view invalidated: if the price breaks and holds above 4,189–4,204.
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