XAUUSD bounce or breakout
XAUUSD is testing 1780, which is strong upside support. A confirmed break below this level could lead to a downside continuation and a test of 1730. A bounce here is required for the XAUUSD to reverse to the upside for another trial of 1860. Recently we saw a huge rejection from 1870 that is a long-term resistance for a continuation to 2000.
Note: look for the long trade entries with the stop loss below 1760
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