GOLD XAUUSD Chart Technical Outlook

GOLD XAUUSD Chart Technical Outlook extends its correction after US CPI hurts risk appetite, support at $2,150 is on focus.
From a technical perspective, the bias remains positive but Tuesday’s bearish candle has formed an “evening star” pattern. This is a sign of a potential trend shift. Immediate support is at $2,150 followed by $2,122. Resistances are $2,163 and $2,195.

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