XAUUSD/ Bullish Attempt

197
The price has crossed the zone mentioned in the previous analysis. Currently, it appears a correction within this zone is likely. A breakout above this zone will support the price in rising toward the previous high of 2,787. Furthermore, crossing this level could lead to a new high at 2,816. Regarding the bearish trend, the price must stabilize below the zone between 2,757 and 2,732, confirmed by a daily candle closing below it, to establish support.


Tendency Keys: 2757
Resistance Line: 2757, 2787, 2816
Support Line: 2732, 2696, 2666

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