XAUUSD: bullish cloud breakout on daily and weekly.
Once Tenkan sen is clearly out of the cloud signal will be fully confirmed on both timeframes.
Nervertheless price action broke an important long-term resistance and looks ready to break 2017 top on April 17.
Really long term resistance as shown on the weekly:
Nervertheless price action broke an important long-term resistance and looks ready to break 2017 top on April 17.
Really long term resistance as shown on the weekly:
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