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RoxCapitals
Mar 25, 2024 5:31 AM

XAUUSD Long

GOLD (US$/OZ)TVC

Description

GOLD's breakout or retest completion of the descending triangle pattern in the 1-hour timeframe, combined with its adherence to the Impulse Correction Strategy, suggests a potential buying opportunity. Traders may consider long positions in GOLD for both short-term and long-term trades, anticipating further upward movement based on this technical analysis.
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