Gold (XAUUSD)

Gold may rise in coming days

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As gold is retracing a higher low on its long term ascending channel, now it seems like its near to complete its accumulation phase and all set to start a bullish trend to make a new Higher High on its ascending channel. We can enter into the buy trade once it will break this accumulation. RSI also showing a bullish divergence indicating that a buy volume will soon start to carry gold for its new Higher High

Feragatname

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