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Gold Spot / U.S. Dollar
Long

XAUUSD: Buying opportunity

By MikulovicFOREX
Updated
Trendline break and re-test. 10 moving average holding support at a 61.8% retracement - hidden bullish divergences behind it with the intitial support sitting at a 76.4% fib ret.

Target 1 at 1708 and IPO at 1724 on the chart

Good luck to all trading gold!!
Note
Regular bearish divergences appearing on the chart, with resistance coming in at profit target 1!
snapshot
Note
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Chart PatternsGoldhiddendivergenceshorttermTrend Analysis
MikulovicFOREX

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