ForexTrendline

Strong support on GOLD

Kort
FX_IDC:XAUUSD   Guld / USA-dollar
The 1780-85 support held price again. Yesterday we had another bounce of that level.
This way the support zone gets even stronger.
That means if we see a breakout of this level, then we could expect a sharp move to follow.

So make sure to watch out for this support and a possible breakout!

As of right now, we're not looking for any buying opportunities on this timeframe!

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