TradingAlchemist

XAUUSD🤑Bullish scenario📈

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index ( RSI ). The second signal will be a rebound from the upper border of the bearish channel . Cancellation of the option to raise the price of GOLD on October 14, 2021 will be a fall and a breakdown of the level of 1715. This will indicate a breakdown of the support area and a continued fall to the area below the level of 1685. Expect an acceleration of the rise in XAU / USD quotes with the breakdown of the resistance area and closing of the price above the level of 1825.

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