Hello, Traders!
Gold as you can see, is trading between the two falling lines
One is support, the other-resistance.
It is also worth mentioning that XAU_USD is currently above horizontal key level
So I think that this support might be retested
For the price to then go Up towards the resistance
If the falling line is broken UP, then we will see a strong surge
So I suggest going long at the horizontal support
Aiming to participate in a potential breakout UP
Buy!
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✅Join My FREE Telegram Channel:
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Related publications
Disclaimer
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