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MMBTtrader
Dec 6, 2021 6:17 AM

XAUUSD break local resistance here and price is getting bullish? 

Gold/U.S. DollarFXCM

Description

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.

DISCLAIMER: ((trade based on your own decision ))
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Comments
Forexezy_com
Nice technical view. Thanks for your analysis!
kimstandgraph
Nice prospective
AlkalineFX
Love this chart!
jojofang0901
yea bullish reversal in the making thx
Helical_Trades
Wonderful job !
ProSignalsFx
I agree, the probability of such move is high!
Investroy
Let’s get it💪🏻
UnknownUnicorn32206912
Awesome chart
Mihai_Iacob
Not so sure it will go up
FieryTrading
Awesome chart
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