XAUUSD breaking above the strong resistance

XAUUSD is breaking above 1720

 

XAUUSD is breaking above the strong resistance of1720. This break of the long-term falling wedge could lead higher to 1800 which is the most important upside continuation resistance. The downside breakout of the long-term uptrend has been completely invalidated.

Note: look for the long trades with the stop loss below 1690

 

 

XAUUSD upside reversal

 

 

 

 

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