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Antonia_Le

The target towards the psychological level of nearly 2050 usd

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Antonia_Le Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex prediction SELL buy breakout signal
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trendanalysis chartpattern indicator forex prediction sell buy breakout signal
Trading Strategy for XAUUSD:

Today, gold prices continue to receive bullish support, briefly recovering to near $2035 as they reach the boundary of a parallel channel.

The upward trend is expected to aim for higher levels around the psychological area of $2050 before a subsequent correction occurs after the metal touches the upper limit of the parallel price channel again.

What are your thoughts on the upcoming trend for gold?
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