XAUUSD | Bullish Cross is Coming

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We have the bullish cross between 50 and 200 MAs is coming. If price will break the Horizontal Resistance Zone the crossover will be confirmed and we can initiate a long position.

In case there is a correction to the Horizontal Support Zone we can also consider a long position, if there is a confirmed retracement

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.