Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD bullish takeover

560
GOLD continues to move in the ascending channel.

After a pullback from the psychological level, the price reached the upper boundary of the area formed by a wide-range candle, where the chart immediately reacted with a bullish takeover.

Now XAUUSD is trading near the resistance level, which coincides with the 62% retracement level of yesterday's pullback.

We expect growth to continue after a retest of the current level.


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Trade closed: target reached

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