New Trader here….
XAUUSD is currently below its 20 and 50 day .
without breaking the key support, down to 1216-1203 which shows promising reversal.
Currently, on XAUUSD .
Target 1: 1281
Target 2: 1306
Target 3: 1326
Trailing stop loss should be used.
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
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Happy trading People...