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tradingwithanthony
Jan 30, 2024 7:56 AM

XAUUSD GOLD Trade Idea Long

Gold / U.S. DollarFOREX.com

Description

GOLD XAUUSD has rallied on the 1D time frame and we can see a clear break above a previous high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone. This analysis is solely for educational purposes and should not be considered financial advice.

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