On the daily chart, XAUUSD fell back from a high level, forming a potential head and shoulders top pattern in the short term. At present, attention can be paid to the resistance near 2316. If the rebound is blocked, sell can be considered. The support below is around 2277. If it falls below, the downward space will be opened, and the downward target is 2150-2200 area.
Head and ShouldersSupply and DemandSupport and Resistance

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