After gold's mid-term trend (daily chart) hit a record high, it immediately fell under resistance. Gold prices have received certain support from the 55-day moving average. The mid-term objective trend is to consolidate at a high level. After returning in the New Year, gold generally showed an upward trend of testing the previous high.
xauusd buy2065-2070 tp2078-2085 sl2054
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.