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T3-Consultancy

XAUUSD H1: Bullish outlook seen, further upside above 1766.80

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
T3-Consultancy  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAUUSD Gold goldbuy goldsell Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern xauusd gold goldbuy goldsell forex forextrading forexsignals
On the H1 time frame, a pullback to the support zone at 1766.80, in line with the Fibonacci confluence levels presents an opportunity to play the bounce to the resistance target at 1793.00. This resistance target coincides with the daily resistance level. Prices are also holding above the Ichimoku cloud indicator, supporting the bullish bias.
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