Gold Spot / U.S. DollarUpdated

GOLD can move higher? 🦐

GOLD on the 4h chart after the test of the recent high retraced over the weekly support at the 0.786 Fibonacci over the 1980 zone.
A break of the weekly resistance indicates that the bullish pressure has increased and a possible break over the 2050 area can happen.

How can i approach this scenario?

According to Plancton's strategy IF the market will break above we will check the opportunity for a nice long order.
Note
snapshot waiting for a break
Note
snapshot still waiting for a break of the resistance
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snapshot possible new recent high soon

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