XAUUSD Gold Analysis
Gold breaks an important resistance and breaks the upper line of the descending channel.. It makes higher highs and higher lows leading at an up-trend.. The next strong resistance is at 1320 level.. We expect it will break the last top on 1324.5.. As long as it's over 1276$ level it's up.. Also closing under 1300 leads the price to go down again to 1285 - 1276.. Still we expect it will go more up as we show on the chart.. Best Regards,
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