XAUUSD Will today be the day of recovery?
On Gold, we have a bearish setup as the price has reached a very important demand level, formed by the last short candle before the rally in the 1927 area, and thus breaking the relative swing high at the 1924 level. The goal will be to look for a long position during the pre-market opening of the American market. I remind you that today we have very important US data, so maximum attention is required. In fact, I anticipate a relatively calm dollar session with a strong rebound after the data release, which is optimal for providing some momentum during the London closing. Let me know what you think. Happy trading to everyone.
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