EGLD/USDTEGLD is currently trading in falling channel, do not ulenter into longs until Egld closes above the resistance box area as chances of fakeout are high here.
💡Don't miss the great buy opportunity in EGLDBUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (74.83).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDBUSD is in a range bound, and the beginning of an uptrend is expect
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