Yesterday, Gold has broken under the important 2000-2005 support zone and this break led to an acceleration.
At this moment the descending triangle is complete and XauUsd could suffer further losses toward the very important 1970 support zone.
2000-2005 should provide resistance and short-term traders could look to sell this zone.
At this moment the descending triangle is complete and XauUsd could suffer further losses toward the very important 1970 support zone.
2000-2005 should provide resistance and short-term traders could look to sell this zone.
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai