XAU/USD H4 Analysis

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Price for Gold has continued to move higher, and as we can see on this 4 hour chart, there have been specific levels broken and retested before progressing further.

$2660, $2695, $2720 are the most recent levels where we can observe the break/retest/rejection price action.

The next level of interest could be $2760 which broke on Thursday but has yet to be retested.

The October 2024 high of $2790 could be in sight soon.

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