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Gold Breaks Resistance; Awaiting Pullback

Long
Or / Dollar Américain (FX_IDC:XAUUSD)  
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FX_IDC:XAUUSD   Or / Dollar Américain
Support and Resistance Trend Lines Parallel Channel Gold XAUUSD XAU preciousmetals dailyforecast tradingforecast dlifestyletrader tradingideas
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supportandresistance trendline parallelchannel gold xauusd xau preciousmetals dailyforecast tradingforecast dlifestyletrader tradingideas
The gold opened low but climb throughout the Asia session and reached the equilibrium level at 1856.

The price has clearly broken above a 1-week resistance and may continue so within its current 2-month rising channel.

Wait for a pullback to 1842 to buy in again, targeting the equilibrium level at 1856, and then the top of the channel at 1871.

Idées en relation

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Gold: Weekly Forecast
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