XAUUSD bounced off 1494.40 where it could potentially rise further to 1528.39.
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I will BUY gold if strong candle break and close above the white trendline.
My target is 1515.00.
If candle bounce at the trendline, gold will test previous support at 1496.50. Then I will find short setup at lower timeframe.
Now my bias is upward.
I need to run and check current market sentiment. Looking for any issues that risks the global market to trigger the...
Gold is currently in a price prison
USD news yesterday brought Gold price down
If price reaches the support could bounce for a fib's retrace or if bullish enought for the potential uptrend
buy signal >> BUY
USD long prepare to go short.
Looks like price need to test 1527 for another one time.
I will wait for it. Or if I see weak buyers, I will look for sell position.
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