XAUUSD H4 Possible Move

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices moved higher testing trend line resistance near 1745. 1st support on the yellow metal is seen near the 10-day moving average at 1725. 2nd support is seen near the 50-day moving average in 1716. Short term momentum has turned positive. Medium-term momentum if flat but turning positive, which points to higher prices movement.


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