XAUUSD Long
Seems like we will be entering the area soon. Gold is strong now, and there are some big buyers appeared.
A long position on gold was initiated due to bullish sentiment driven by strong economic data and positive outlook for the Eurozone. Technical indicators, such as a breakout above key resistance levels and positive momentum signals, supported the decision.
A long position on gold was initiated due to bullish sentiment driven by strong economic data and positive outlook for the Eurozone. Technical indicators, such as a breakout above key resistance levels and positive momentum signals, supported the decision.
Trade closed: target reached
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Disclaimer
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.