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GOLD May See a Significant Rise

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XAUUSD Pair may see a significant rise following the recent price fall that drove price to a dynamic resistance (1778.971) from 1876.984 resistant area.

Strategy : Breakout and Retest

I want to see price break out of the current structure ans retest at least 70% fibo level of the pump that triggered the break out before i buy in. This acts a a save zone for my capital.

I will update here is anything changes.

PLEASE LIKE AND FOLLOW ME, SHARE YOUR OPINION AS WELL
Nota
Dynamic support please (not resistance) hahaha

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.