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XAUUSD Retracement Signals Potential Temporary Upside

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Rachel_FX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gann Technical Indicators Trend Analysis xauusdshort xauusdupdates xauusdlong xauusdsignal xauusdbuy
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gann indicator trendanalysis xauusdshort xauusdupdates xauusdlong xauusdsignal xauusdbuy
XAUUSD currently finds support at 2161, suggesting a temporary retracement. In terms of trend, XAUUSD remains within a bullish trajectory, with the nearest upside resistance around 2188. Supported by the stochastic indicator in oversold territory, there is potential for XAUUSD to strengthen temporarily
Comment:
Comment:
I believe that the price of gold could reach the level of 2208 and even higher.

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