Confusion or Big Move ??

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Gold Back at 200 Days Ema Support in a downtrend Channel but seems to be making a W pattern what you guys think will it sustain and reverse or fall hardly ? Personally seems to be Bearish seeing the positive macro data in the U.s and no longer fear of Recession
Nota
Breached 200 Days Ema Gold would likely be in a downtrend or sideways consolidation avoid Longs
Chart PatternsTrend Analysis

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