The downside break of the rising trendline support, earlier this week, has kept XAU sellers alive and kicking. Bears now gather strength to take out the 2022 lows at $1,615, paving way for a test of the $1,600 round figure. The 14-day Relative Strength Index (RSI) is pointing south towards the oversold territory while below the midline, suggesting that there is more room to the downside
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