gold at key support on intraday

Updated
gold is at the neckline support of the head and shoulder pattern and also the 200 period moving average on the hourly timeframe. Both of them together form a substantial support here for the commodity and we can expect some bounce to come intraday from this level.
Trade active
very nice rally of 1% already. Continue holding as the trend has reversed and it looks like gold has some more legs on the upside.
Chart PatternsgoldlonggoldtradingstrategyTrend AnalysisXAUUSD

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