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Gold Spot / U.S. Dollar
Long

XAUUSD Back on Bullish Trend | 30 April 2020

By FXCM
Broker
Updated
XAUUSD is back on bullish trend after a false double top pattern, we have found the bullish trend by RSI ascending trendline, Parabolic Sars as well as MACD. The final concern here is the bearish trendline in the chart. We are waiting for price to break out of the trendline where the 76.4% fibonacci retracement lies !

Entry: 1728.39
Sl:1718.78
Target:1775.49
Note
XAUUSD Back on Bullish Trend | 30 April 2020
Order cancelled
Order cancelled: Price dropped respecting the bearish trendline instead!
Chart PatternsforexsiganlsHarmonic PatternsTrend AnalysisUSDXAUXAUUSD
FXCM
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