GOLD (XAUUSD): Detailed Technical Outlook 🥇

After a breakout of a resistance line of a bullish flag pattern on a daily,
Gold is currently retesting that.

We can see a perfect confluence between a horizontal support and a falling trend line.
A bullish movement may initiate soon.

Your bullish confirmation can be a bullish breakout of a falling parallel channel
on an hourly time frame.

Patiently wait for a breakout and be prepared to buy then.

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