Hey traders,
It looks like Gold is preparing for the next bullish wave.
The price set a higher low on 4H and broke and closed above a resistance line of an expanding wedge pattern.
Goals for buyers:
1914 - current local high
1930 - next strong resistance
Demand area is now based on a support line of a major daily channel & broken wedge's resistance.
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Kommentera:
Check my new idea on EURUSD:
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