Long

Outlook for GOLD(XAUUSD) & the way ahead.

Price is making higher highs and higher lows structure, supported by bullish trendline, flag and pennant formation is visible and price has already shown 3 legs and now 4th leg is expected to be an extended one, immediate resistance is at 4215.3 and is a strong supply zone, price is approaching major bearish trendline, expected to face rejection, only if price rejects further up move and after a consolidation breaks below the range we can plan for short entries.

In summary: Bullish to side ways moves expected today, but moving forward buyers should be cautious.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.

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