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There is a bullish divergence on weekly chart. If price will break the ascending trendline it will confirm a new uptrend.
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We have a symmetrical triangle on the chart. Look for some spike in volume at the breakout candles.
Possible rising wedge formation on gold.
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Bullish RSI and MACD Divergence gives us an opportunity to open a long position. The Adx line is rising which shows that the bulls are getting stronger. Take profit: 1.27318 Stop loss: 1.25393 Risk/Reward: 1:2 Good luck!