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KENJICHEN

0226-XAUUSD Analysis

Long
Oro / Dollaro (FX_IDC:XAUUSD)  
KENJICHEN Aggiornato   
FX_IDC:XAUUSD   Oro / Dollaro
Trend Analysis Trend Lines Support and Resistance XAUUSD xauusdlong Gold
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trendanalysis trendline supportandresistance xauusd xauusdlong gold
snapshot

XAUUSD
Gold test 1325 for three trading days, then can't create the new low, moreover,
gold have positive impact by DXY weakness and international unstable issues.

In addition, Federal chairman-Jerome Powell will present in the US mkt and may cause DXY more volatile.

Consider to long gold around at 1327~1328 as long as 1325 wont break.

Support: 1321 / 1325

Resistance: 1332 / 1337
Commento:
Gold didnt got enough support at 1325.
Its not a positive signal for gold, so i recommend hold ur SL and wait if gold will bounce to 1326.8~27 to mitigate the loss.
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