MMBTtrader

XAUUSD Major resistance ahead breakout and pump? or correction

FX:XAUUSD   Gold Spot / U.S. Dollar
The previous long position on Gold hit the targets:

now price is near major resistance that is red trendline and only after a valid breakout here price can pump hard and hit the next resistance zones on the chart.

As we know this major resistance is a strong one and we can expect local fall once again here too.

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