XAUUSD has bounced off the neckline. Note that it is now under both the 9 and 200 KAMA which will be keeping it on the downside for the moment. Channel resistance is now 1333.30.
On a longer term chart, it is supported off the 61.8 retracement at 1150. Nearer term support is at 1274.50, 1180.
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