Amidst war reports, XAUUSD is expected to reach new highs, breaking last week resistance. A re-test around support area ( 1915 ) could happen. Although the pair broke through the bullish flag, we can detect an H&S pattern being formed by the pair.
After profiting nearly 200 PIPs with XAUUSD, we are still looking for BUY opportunities.
Feel free to use this trade yourself, but bear in mind that a good risk management always need to be applied. This is not financial advice, but market movements prediction.
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