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Xauusdbullish

XAUUSD H1: Bullish outlook seen, further upside above 1985Price is currently range-bound and hovering above a key support zone at 1955 on the H1 timeframe. A throwback to this support zone, coupled with a break above upside confirmation at 1963.5 could provide the bullish acceleration to the resistance zone at 1985. Prices are showing bullish divergence, with RSI forming higher lows while prices continue trending lower, which could signal a potential reversal, supporting the bullish bias
PEPPERSTONE:XAUUSDLong
by T3-Consultancy
Bullish outlook on XAUUSD - 31 March 2023Price is consolidating between a key resistance zone at 1988.50 and a key support zone at 1936.80, forming a bullish pennant on the H4 timeframe. A break above the resistance zone at 1988.50, in line with the 78.6% Fibonacci extension level and graphical high, could provide the bullish acceleration to the next resistance zone at 2052.20, in line with the 161.8% Fibonacci extension. Price is holding above the Ichimoku cloud as well, supporting our bullish bias.
FOREXCOM:XAUUSDLong
by shermzT