GOLD (XAUUSD): Where to Buy Safely?! Update & Market Outlook 🥇
Updated
Gold reached a resistance line of a rising parallel channel this week.
The price has retraced and locally the market looks quite bearish.
To catch a bullish trend continuation, pay close attention to a confluence zone
between 1792 - 1800 horizontal structure cluster and a support line of a channel.
Once the price reaches that, look for a confirmation to buy.
I am quite sure that the price will reach 1853 level quite soon.
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