XAUUSD is testing the key upside resistance 1680
XAUUSD must overcome 1680 resistance for a complete upside reversal. We are seeing a bounce of 1620 which is a long-term uptrend line support and Gold is reaching the most important near-term resistance of 1680. A break above 1680 will make the end of the possible downside extension and would open further upside reversal and a test of the key long-term resistance 1720.Â
Note: look for the long trades with the stop loss below 1640
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