XAU/USD WHERE DO THE PRICE WILL RALLY?

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What's up co-traders?

Gold is now truly to watch out folks.

We got very good support at 1683 price that's probably the double bottom however we're currently testing the previous resistance at this moment on 1775.. price as you can see on the chart. My analysis is that if the price can't break above 1775 then it will retest the trendline support coming from the daily chart. Price could either bounce and a good opportunity for long or price may break the support and goes to short opportunity. At this very moment, we remain calm and look for the confirmation movement of the price, and then we enter.

Strong Support: 168
Key Level to be watched out atm: 1775

RESISTANCE: 1870/1950/2062

NOTE: I'm not a professional trader nor pro financial adviser or analyst, Only thing I know is that I know how to play safe on this game and you should too ;)

I wish you a very good week for your trade. More dollars to come!

Follow for more updates!

註釋
STRONG SUPPORT: 1683/Double bottom pattern

What's your idea??
Chart PatternsFundamental AnalysisTrend Analysis

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