XAUUSD | Bulls Still Alive

XAUUSD | Bulls Still Alive

XAUUSD is trading in a descending bearish channel. Making it a good consolidation area and formed a firm support at 52315. This level holds importance as bullish momentum still present in the market.

I am eyeing for long in gold once we have a breakout of channel.
Those who wants to play safe can enter after retest of the breakout area. I.e 2360
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