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Gold Spot / U.S. Dollar
Long

XAUUSD: Buy

By Roey_
Updated
In last Friday's trading, the strategy I gave was short selling, and at the same time I briefly explained today's trading, I believe all the friends in the channel know. Today, gold rebounded after stepping back on the support of 1955, which is in line with our plan to be long gold. First of all, congratulations to friends who participated in long trading, they have already reaped some profits. Now, in the gold 1h chart, MACD has formed a golden cross, which is favorable for bulls. Judging from the trend of the previous wave, this rise will break through the resistance near 1969, and the important resistance will appear near 1985. So today's trading focus is on long trading. trading signal: buy:1958-1948 tp:1974-1983
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It is backtesting support which will bring long trading opportunities
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Chart PatternsTrend AnalysisXAUUSDxauusdanalysisxauusdbuyxauusdideaxauusdlongxauusdsetupxauusdsignalxauusdsignalsxauusdupdates
Roey_

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