XAUUSD [GOLD] Long

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  • Last week, the price attempted to break above the previous highs but retraced below to test the support level.

  • In the current scenario, the ideal strategy is to wait until the price approaches the 2897-2895 zone for a long setup.

  • The price needs to retrace to the demand zone before moving upward.

  • The long position is marked on the chart.

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