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Stone_Haven

💡 XAUUSD: Increased sharply after FOMC

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Stone_Haven Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis XAUUSD xauusdlong xauusdanalysis xauusdupdates xauusdsignal xauusdbuy Trend Line Break trendtrading trading
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trendanalysis indicator fundamental xauusd xauusdlong xauusdanalysis xauusdupdates xauusdsignal xauusdbuy trendlinebreak trendtrading trading
Gold price increased sharply in the past session, breaking the accumulation zone and confirming the triangle pattern and the continuation of the uptrend. Despite not being able to create an ATH in the previous session, the bulls did it this morning, the price briefly broke the 2200 level and then encountered selling pressure again. However, it is likely that the price will still go up as the buyers are still showing complete control, trend followers can look for buying opportunities. The next target for the bulls will be 2050. These price zones are unexplored price zones, so you need to pay attention to round number milestones as important resistance zones.
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