Gold Spot / U.S. Dollar
Long
Updated

XAUUSD

Firstly, I want to clarify that I don't deny the possibility of a price correction in gold (XAU/USD) because the price is currently at a price ceiling and in an upward trend in the daily timeframe. However, at present, it appears that the price is within an ascending channel in the analysis timeframe, and it is expected that if it breaks its resistance level, we may witness price growth within the specified range.
Trade closed: target reached

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