Gold (XAUUSD)Long
XAUUSD long daily
The gold market has recently tested a significant trend support line on the daily chart. This support line has proven to be a strong area where buyers step in, and the market has now formed a distinct price action signal at this level.
From my analysis, it looks like the market is respecting this trend line and showing signs of a potential upward move. If this momentum holds, we could see gold rallying toward higher levels in the coming days or weeks.
This is not going to be any significant move until Trump takes office in January.
From my analysis, it looks like the market is respecting this trend line and showing signs of a potential upward move. If this momentum holds, we could see gold rallying toward higher levels in the coming days or weeks.
This is not going to be any significant move until Trump takes office in January.
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