MMBTtrader

XAUUSD break local resistance here and price is getting bullish?

FX:XAUUSD   Gold Spot / U.S. Dollar
As we said before the price is near a strong support zone and touched the support and target of previous analysis:

Now the red trendline breaks and this is a good sign and we can expect more local pump here but also we can expect correction here and ratest breakout like an orange arrow.

Last support here is 1740$ support zone.

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