Mahtab_Tradia

XAUUSD Rise After Breakout

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD had a good growth yesterday and price is in a strong uptrend.

Currently, price is approaching to the resistance level at 1768.50 which is the last high either. If price breaks the last high and close a bullish candle above this level, we can expect more growth to the next high (1775.75)

On the other hand, if price cant break 1768.50 and get rejected from this level, we should wait to see if price is going to do a downside retrace or drops to the last low at 1757.48
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