GumnamSK

Xauusd price action

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We can see resistance breakout and retest on daily candle. After that its making triangle pattern over there & Now next move is breakout of the traingle pattern. We can see there is high bull pressure on 4 hr candle which shows still it can rise and make new higher high. Buy on breakout and candle close above triangle pattern or wait more confirmation on retest of breakout area.
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