AlgoVenture

Gold: Weekly Forecast 23rd January 2022

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FX_IDC:XAUUSD   黃金現貨 / 美元
Gold shot through the supply level at 1830 but face resistance at the top of a symmetrical triangle.

The recent bullish trend that has lasted for just over a month could be an upward consolidation of the previous bearish wave.

This week, we would preferably wait for the price to climb a little higher and look for a selling opportunity.
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