Dear Trader, I trust you're doing alright. XAUUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break the static resistance level at 1930 to confirm the bullish trend. On the other hand, a break below the support level would signify a bearish continuation.
Please what do you think about XAUUSD? Kindly like and comment below.
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