XAUUSD has tested the trend line several times. Locally, it moves in the corridor 1675-1755. Also, it has possibly formed a double bottom pattern. If it breakout the local resistance level, we will target the upper boundary of the descending channel.
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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.