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Use 3924 as a reference point for buying the dip. If price rises above 3966 and pulls back to 3924 without making a new low, that basically confirms a bottom. The next steps will be clearer: if it breaks 4150, add on the pullback; then, if it moves higher and breaks 4230, add on the pullback. There should be at least several hundred points to gain from this level. If it breaks 3966 and the pullback holds above 3924, then 3924 is the stop-loss level—an extremely tight stop-loss and a highly efficient trade$XAUUSD
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