FUNTRADER-Vera

2712 P3 XAUUSD buying signal is not confirming yet

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

GOLD is meeting a possible pressure line on 1h chart. But this might not stop it to test fibo 618 position first.
On that case, it might test a new higher recent high by breaking through fibo 618 position .

Otherwise, it might be rejected again from fibo 618 positon down to test bottom green support level again.

Either way, GOLD need a new impulse leg to break the box .

Good luck!
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