We are expecting a bounce at the support zone buy gold for long term
Buy Limit GOLD @ 1282
We have noticed that USDCAD is on the uptrend and it breaks the resistance which is now acting as strong support for daily chart. Note that USDCAD also touched the 0.61 Fibo level and the formation of a pin bar is also noted from the previous candles.
EURUSD buy stop @ 1.1420
If EURUSD breaks the trendline successfully then we are good for a buy. Let's be patient for this to happen.
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