XAU/USD - Uptrend Forming
We have an uptrend forming here. The price pierced the hagopian support (pink) but quickly retracted back, successfully forming a perfectly parallel uptrend.
If the blue bubble breaks, it's going to be an interesting time for gold. If you want to buy short-term here, wait for the price to hit the trend support line and bounce a bit.
If the blue bubble breaks, it's going to be an interesting time for gold. If you want to buy short-term here, wait for the price to hit the trend support line and bounce a bit.
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