Allen_Ex

Focus on observing 2427 resistance

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

The price is close to the support and is currently rebounding after a decline. The focus today is to observe whether the support is effective and whether the small-level resistance can be broken.

Before that, trade around the 2400-2427 range. If the resistance cannot be broken through and falls below the support, then the short-term rise will be over, and the next prices to be considered will be 2378, 2352, and 2283.

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