XAUUSD- GOLD Potential Buying zone
Updated
Seems like Gold is coming down to test the previous support around $1665 - $1675
Short in medium run with target of $1675 while I remain bullish in long run for Gold.
It may trade within the triangle for a while before possible breakout to the upside with target of over $2100.
The Yellow line does not predict the exact path but rather the likely scenario if it plays out.
Short in medium run with target of $1675 while I remain bullish in long run for Gold.
It may trade within the triangle for a while before possible breakout to the upside with target of over $2100.
The Yellow line does not predict the exact path but rather the likely scenario if it plays out.
Trade active
Looks like Gold found temporary support but it won't surprise me to see it breaking..Trade closed: target reached
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