GOLD May See a Significant Rise

XAUUSD Pair may see a significant rise following the recent price fall that drove price to a dynamic resistance (1778.971) from 1876.984 resistant area.

Strategy : Breakout and Retest

I want to see price break out of the current structure ans retest at least 70% fibo level of the pump that triggered the break out before i buy in. This acts a a save zone for my capital.

I will update here is anything changes.

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Yorum:

Dynamic support please (not resistance) hahaha