Chart of the Day XAUUSD

XAUUSD is testing the upside support

On the XAUUSD daily chart, we can see that the pair is testing the upside support 1370-1390 zone. We need to see a bounce off this zone for the continuation higher. A daily close below the 1360 level is required to invalidate the upside extension.
Note: look for the long trade entries with the stop loss below 1370.

XAUUSD trading technical analysis

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