#xauusd have been multiple rejecting both on bearish and bullish, now next breakout will determine the next move on the pair.
Above the rectangle at 3244.5-3252 will push the pair above 3278, stop loss at 3235.
Below 3229 will trigger a full bearish because the M5 is waiting for breakout below drop. Target 3187
Above the rectangle at 3244.5-3252 will push the pair above 3278, stop loss at 3235.
Below 3229 will trigger a full bearish because the M5 is waiting for breakout below drop. Target 3187
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.