As you can see in the chart we have a textbook uptrend that is leading towards 1890 which is a key resistance/selling area. If the area is broken, I think we will see a long-term bullish trend while in contrast, if this area is not broken, I think it will bounce back down to 1873. If 1890 is broken as well as the subsequent high of 1910 then I think 1953 and even 2000 will be possible.
Discussions and critiques are welcome.
XAUUSD
Discussions and critiques are welcome.
XAUUSD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.