An uptrend is observed in the XAUAUD pair over a four-hour timeframe. There is no visible divergence in the pattern, so the current trend is expected to continue. It is a good point to take long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.