Gold Spot / U.S. Dollar
Long
Updated

Gold Breakout and Potential Retrace

1 071
Hey Traders, in tomorrow's trading session we are monitoring XAUUSD for a buying opportunity around 3,340 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,340 support and resistance area.
Trade safe, Joe.
Trade active
snapshot

the price is nearing the retrace area, escalating tariffs risks and threats for Powell position among with potential sanctions for Russia i reckon we may see Gold hitting fresh highs next day!

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