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XAUUSD H4 | Bullish breakout on Gold

From tickmill.com

Preference: The price is falling toward the pivot at 4,086.91, a pullback support. A bounce from this level could lead the price toward the 1st resistance at 4,410.73, an overlap resistance. Alternative Scenario: If the price breaks below the pivot, it could fall to the 1st support at 4,037.21, an overlap support. (full story)

Story Stats

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  • Category: Technical Analysis