linofx1

GOLD(XAUUSD): Important Bullish Breakout!

Long
CAPITALCOM:GOLD   Gold
↪️Gold price loses momentum during the initial Asian trading hours on Monday

From a technical perspective, the pair surpassed and concluded above a pivotal daily structure resistance. The violated structure transformed into a robust support.

The market is currently undergoing a retest of that broken resistance, now support.
I anticipate an upward movement towards the subsequent resistance 💪

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