Popeson

XAUUSD Daily Analysis

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Gold has been rejected 4 times at this resistance level and it's already showing a sign of weakness. If price breaks the minor internal trendline, i would be looking for a sell trade and my TP are at minor supports.

But if the price breaks the market structure above the descending trendline, i would be ready to go long on this trade

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