Gold Spot / U.S. Dollar
Long
Updated

XAUUSD

5191
Hello traders ,what do you think about GOLD ?Gold has breached the descending trend line and is currently positioned above the 50-day moving average. We anticipate that following a pullback to the recently surpassed level, gold will continue its ascent towards the established targets. Additionally, prevailing geopolitical conditions are likely to further bolster gold's upward trajectory.
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Note
It grew without the expected pullback and the first target was touched

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