XAUUSD area of accumulation in sight

It would seem that Gold is close to an area of previous volume accumulation and might look to consolidate and move back up or break further down, I am of the view that it is over-extended to the downside but i have been proven wrong before. Right now I am sitting tight and waiting for further developments on which side will reveal their hand.
Beyond Technical AnalysisGoldgoldusdTechnical IndicatorsMDCTrend AnalysisXAUUSD

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