GlobalForexZone

Gold (XAUUSD) to reach 1750 again? Possible 1800?

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Because price is in a overall uptrend, we might see Gold still push higher as on the Daily timeframe, we have a potential breakout and retest of that breakout level. On the smaller timeframe as shown above, we have a breakout and retest of the broken trendline and previous support level to lock in sellers. We might see selers getting trapped and price push higher.
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