MMBTtrader

XAUUSD strong resisatnce of trendline and supports ahead

FX:XAUUSD   Gold Spot / U.S. Dollar
As we can see the red trendline each time creates sell pressure and the price started to dump but soon we can look for breakout and then huge pump only after that and this scenario is valid until 1720$ support zone here remains valid.

Notice: 1730-1740 now is local support zone and if and only if price breaks the 1720 support then more dump is ahead.


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