Allen_Ex

XAUUSD:2049 is the key

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Next, focus on the resistance near 2049. If it cannot be broken through, the market will have a high probability of falling again.

Of course, if special news happens, that's a different matter.

From a technical perspective alone, after backtesting the support, there is a high probability of rebounding and rising. The 2049-2058 range may be touched again.


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