XAUUSD : Great effort to increase prices

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Are you curious about the next trend in gold?

Today, gold continues to trade around the resistance level of $2042. A short-term uptrend has formed, and the trendline is supporting the upward momentum. However, we need to wait for a breakthrough of the resistance to officially establish a long-term price increase.

At the end of the day, we will have some significant news. If gold can surpass the $2042 level and continue to rise, it could pose a considerable challenge as the metal has struggled to break through this level in the past.

Let's wait and see with Karina!
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