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Observing the 30-minute chart of XIAUSDT, we're noting a pattern indicative of a Rising Wedge, signaling a potential shift towards a bearish trend. This analysis is further supported by the Relative Strength Index (RSI), reflecting bearish momentum. Moreover, the recent breach of the resistance line suggests a significant downtrend on the horizon. Taking these indicators into consideration, the overall outlook for XIA appears to lean towards a bearish sentiment.
ENTRY - 0.71862 - Market Price
Signal Type - SHORT
Take Profit Levels:
1. 0.70762
2. 0.70162
3. 0.69462
4. 0.68829
Stop Loss - 0.73862
Leverage - 30x
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